Sunday , May 5 2024
Home / Mike Norman Economics / Paul Romer: From Pin Factory to Chaos Monkey Timothy Taylor

Paul Romer: From Pin Factory to Chaos Monkey Timothy Taylor

Summary:
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 EconomistPaul Romer: From Pin Factory to Chaos MonkeyTimothy Taylor | Managing editor of the Journal of Economic Perspectives, based at Macalester College in St. Paul, Minnesota

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Monte Carlo simulation explained (student stuff)

Mike Norman writes Corporate buybacks

Mike Norman writes Month end settlements

Angry Bear writes Biden finalizes rule opening up Obamacare to DACA recipients


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

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *