A SIMPLE ECONOMIC CONTROL SYSTEM

Arthur Porter, Cybernetic Simplified, Barnes & Noble Inc, 1969

Before concluding our brief glimpse at feedback in action, it may not be out of place to refer to the significance of information feedback in a nation's economy. Unfortunately, as in the cases of biological control systems, economic regulatory processes, because they involve large numbers of popel, and because people are on the whole unpredictable, are very complex.