MyOpinion: Market Failure and Foresight

Cascade Systems Society Monthly Meeting
Time: 4:00 to 6:00 (informal conversation at the start, main discussion starts at 4:30)
Place: Harder House, Room 104 (HH is at 10th and Market)
Portland State University

Discussion Leader: Richard Turnock

Topic: Market Failure and Foresight: Why systems of survival resolve dilemmas created by market failure and how we can use foresight to anticipate the future.

Problem Statement: The Lockean Proviso is true when there are enough resources left in common for others and the quality of the resources is good enough so that others are not deprived of the use of the common resources. An unsustainable world is when the quality of the commons is depleted so that others are deprived of resources. The goal of a Sustainable World is for the Lockean Proviso to always remain true in the symbiotic relationship between the Guardian and Commercial systems. The RBP [reference behavior pattern] of a Sustainable World would show decreasing depletion of resources from the Commons and decreasing pollution of the Commons. The whole earth is inside the boundaries of the Sustainable World including all the land, water and air. However, our system model is going to focus on the interaction between human organizations and the Commons.

Richard retired not too many years ago after 32 years working for Portland General Electric as nuclear engineer, budget analyst, internal consultant for IT, internal auditor, PR education outreach, and teaching teachers system dynamics.

Education: BS in Engineering Physics from OSU and MBA from PSU; Took SysSc 514 System Dynamics by Dr. Wayne Wakeland.

Current projects: Assisting author with eBook - “Beyond Connecting the Dots.”

Blog - http://turnock.blogspot.com MyOpinion.

Wiki with Systems and Sustainability information, http://sd4ed.wikispaces.com

YouTube Channel - http://www.youtube.com/user/igranderojo

Writing a Memoir

Creating Systems Academy

Articles:

“Why System Dynamics?” Published by Creative Learning Exchange and listed on my blog

http://www.clexchange.org

http://turnock.blogspot.com/2012/04/why-system-dynamics.html

“A New Mental Model of Teaching and Learning”