Michael Webster
https://www.goodreads.com/michael_webster
“Or, it goes the way of the dying seminar—fun but not enough fun, because there are not enough people to generate the loyalty and enthusiasm that would keep the number large and the absentee rate small.”
― Micromotives and Macrobehavior
― Micromotives and Macrobehavior
“When the supply at last gets back to normal, some years hence, replenishment will be at an abnormally low level, with a “famine” that will get worse for at least six years before it can begin to get better. And then the cycle can start over.”
― Micromotives and Macrobehavior
― Micromotives and Macrobehavior
“It enhances one’s appreciation of a model, and often the use one can make of it, to be aware of applications outside one’s own field. Recognition of the wide applicability of a model, or of a family of models, helps in recognizing that one is dealing with a very general or basic phenomenon, not something specialized or idiosyncratic or unique.”
― Micromotives and Macrobehavior
― Micromotives and Macrobehavior
“What is common to all of these examples is the way people’s behavior depends on how many are behaving a particular way, or how much they are behaving that way—how many attend the seminar how frequently”
― Micromotives and Macrobehavior
― Micromotives and Macrobehavior
“Numerous social phenomena display cyclical behavior, either in wave motion or in surges. The thermostat reminds us to look for the time lag, or for an accumulated inventory like the hot water.”
― Micromotives and Macrobehavior
― Micromotives and Macrobehavior
Michael’s 2024 Year in Books
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