Monday, May 4, 2020

Paul Romer: From Pin Factory to Chaos Monkey Timothy Taylor


Efficiency versus resilience in effectiveness. For example, not all redundancy is inefficient. Think emergency brake. Maybe just-in-time delivery of inventory needs rethinking, especially in vital areas.

Conversable Economist
Paul Romer: From Pin Factory to Chaos Monkey
Timothy Taylor | Managing editor of the Journal of Economic Perspectives, based at Macalester College in St. Paul, Minnesota
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