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December 2011

Systems Thinking: A Short Eulogy

Shlomo Maital

 

You can argue that the world got into trouble for one key core reason: Lack of systems thinking. Risk managers failed to consider systemic risk. Policymakers failed to take into account systemic interaction. European officials failed to realize the euro’s rot can destroy the global economy.

 

November 2011

History DOES Repeat Itself, Only Losers & Winners Change Sides

Shlomo Maital

 

It is not only those who forget history who are doomed to repeat it, as Santayana warned. It is also those who

 

remember history who repeat it.

 

November 2011

How Strong Minds Raced So Weak Legs Could Walk

Shlomo Maital

 

A U.S. National Football League charity campaign once used the slogan, “strong legs run so weak ones can walk”. I recalled this during a visit yesterday to an Israeli startup named Argo, launched by Dr. Amit Goffer. Argo’s product is called ReWalk, and it is an exo‐skeleton (outsidethebody skeleton) which, with electronics, enables those who cannot walk to stand on their own two feet and walk at 2 km. per hour, a good clip.