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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
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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:
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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