Exploration of opportunity costs and consideration exploration of opportunity costs and consideration for future generations: Two lasting contributions to systems thinking |
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Authors: | Richard O. Mason |
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Affiliation: | 1. Southern Methodist University, Edwin L. Cox School of Business, 75275, Dallas, Texas
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Abstract: | In his numerous writings C. West Churchman has shown how the systems approach can be used to secure improvements in the human condition. Specifically one must think holistically. Two concepts—exploration of opportunity costs and consideration for future generations—underline whole systems thinking. The author argues based on his own experience that these tools of the human intellect are among the most lasting contributions Churchman has made to systems thinking. |
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Keywords: | systems thinking systems approach opportunity costs future generations holism |
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