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Engineers and economists prize efficiency, but nature favors resilience – lessons from Texas, COVID-19 and the 737 Max

  • Written by Moshe Y. Vardi, Professor of Computer Science, Rice University
Engineers and economists prize efficiency, but nature favors resilience – lessons from Texas, COVID-19 and the 737 MaxThe power grid in Texas provides a stark lesson in the balance between efficiency and resilience.AP Photo/David J. Phillip

Takeaways:

  • The damage from Winter Storm Uri, the economic devastation from the COVID-19 pandemic and the fatal Boeing 737 Max accidents show the price society pays for a relentless pursuit of efficiency.

  • Modern society has...

Read more: Engineers and economists prize efficiency, but nature favors resilience – lessons from Texas,...

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