The book presents the philosophy, the mathematics and the computer modeling needed to take a fresh and practical perspective on managing social systems. The book’s implications go far beyond “industrial” systems(though people interested in the dynamics of businesses won’t be disappointed). The principles presented in this book have subsequently been applied to understanding issues in all sorts of social systems: cities, the environment, epidemics, romantic relationships, and terrorism to name just a few.
Industrial Dynamics was the first book published in system dynamics, a field founded by Jay Forrester (the author) at MIT. Nothing in this book is outdated. The fundamentals of the field remain as Jay Forrester described them in 1961. Forrester’s insistance that the field be relevant and understandable has no better incarnation than this book.