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| | www.macroresilience.com
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| | In an earlier post, I compared Minsky's Financial Instability Hypothesis with Buzz Holling's work on ecological resilience and briefly touched upon the consequences of wildfire suppression as an example of the resilience-stability tradeoff. This post expands upon the lessons we can learn from the history of fire suppression and its impact on the forest ecosystem in the United States and draws some parallels between the theory and history of forest fire management and macroeconomic management. Origins of ...
| | ourfiniteworld.com
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| | The US may split into parts based on political philosophy. The area with adequate energy supplies relative to population may fare better than elsewhere.
| | adequate.life
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| | Before describing a large-scale disaster, we must understand the natural design of supply chains. Supply Chains A supply chain is large-scale system that follows a general flow from extraction to consumption: Raw materials are harvested/extracted/mined/farmed from nature. A logistics group (often by truck, but also by ship or rail) takes it to another place for [...]Read More... from Defining Disasters
| | www.brookings.edu
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| Brookings Senior Fellow William Galston takes a look at Americans views of the economy and how they could impact the 2024 election.