The following is a lightly edited version of a review of The Resilient Society by Markus Brunnermeier (originally published in India Today a couple of weeks ago). The devastating spread of the novel coronavirus has had dramatic effects on economic and social life. It has also had an impact on the direction of scientific research. In this wide-ranging book, Markus Brunnermeier argues that the discipline of economics should pay closer attention to the concept of resilience, defined as the capacity of a system to rebound quickly “like a trampoline” from large and unexpected adverse shocks.
Book Review: The Resilient Society
Book Review: The Resilient Society
Book Review: The Resilient Society
The following is a lightly edited version of a review of The Resilient Society by Markus Brunnermeier (originally published in India Today a couple of weeks ago). The devastating spread of the novel coronavirus has had dramatic effects on economic and social life. It has also had an impact on the direction of scientific research. In this wide-ranging book, Markus Brunnermeier argues that the discipline of economics should pay closer attention to the concept of resilience, defined as the capacity of a system to rebound quickly “like a trampoline” from large and unexpected adverse shocks.