Resilient Economics

In good times, growth and profits are welcome, but in bad times we need resilience, and resilience cannot be spirited up overnight. The economic fallout from the 2008-9 financial crisis and the COVID-19 pandemic has been considerable. Each required unprecedented measures to prevent the economy from crashing. We can learn from crisis to move beyond the superficial success of growth-based economics to adopt a more robust way to frame economics. The adoption of resilient economics should allow an e