Tag Archives: Euro

Resilience and Euro – diversity

Posted on November 19, 2011 by Garry Peterson

On MacroEconomic Resilience ex-banker Ashwin Parameswaran draws upon Holling’s pathology of natural resource management and the work of Hyman Minsky (a connection I’ve mentioned previously and Ashwin has explored extensively – see here and here) to write about The Resilience Stability Tradeoff: Drawing Analogies … Continue reading →

Posted in Adaptation, Vulnerability | Tagged , , , , , , , , | 2 Comments

Resilience and the Euro – networks

Posted on November 19, 2011 by Garry Peterson

The New Scientist recently had an article by Debora MacKenzie on resilience and the Euro.  She writes: … The diversity of a network’s components and the density and strength of its connections – called its connectivity – affect the system’s … Continue reading →

Posted in Networks | Tagged , , , , | 2 Comments

The tragedy of a common currency

Posted on November 18, 2011 by Marco Janssen

The current crisis of the Euro emphasizes some basic lessons from the study of resilience of dynamic systems. Attributes of complex systems that enhance resilience are diversity, redundancy and modularity. There is a cost of maintaining resilience. The decision to … Continue reading →

Posted in General, Reflections | Tagged , , , , | 2 Comments