Tag: systemic failure
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Supply Chains Need Protection from Covid-19
Covid-19 coronavirus is bound to have significant impact on global supply chains as it impacts all sectors of the economy. See graphs from the Spectator for illustration. It is also somewhat unprecedented as it in many area both supply and demand are impacted. Both our ability to consume and produce has in many areas been…
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Complexity and the collapse of the financial system – from the Archive
Originally Posted on January 14, 2015 by Institute of Hazard, Risk and Resilience by Philip Garnett and Brett Cherry Finance influences everything, from the growth of businesses and employment to capital and even public services. As the world becomes increasingly subject to the all-encompassing influence of financialisation, it is confronted with problems that require new perspectives from studies in complex systems.…
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Total Systemic Failure?
My new paper, “Total Systemic Failure?”, is out (this link should get you a free copy for a limited time). I wanted to write something that was more a big picture look at how the world is working. Or perhaps how it isn’t working. I think there is a problem that the world is stuck…