Resilience: the ability to bounce back; for example, from a loss or from hard times.
Resilience is good, of course: The ability to "bounce back" is good.
On the other hand, excessive concern with resilience -- among writers and their readers, for example -- would likely be a sign of insufficient resilience (or excessive troubles) and not a good thing at all.
"The commonwealth was not yet lost in Tiberius's days, but it was already doomed and Rome knew it. The fundamental trouble could not be cured. In Italy, labor could not support life..." - Vladimir Simkhovitch, "Rome's Fall Reconsidered"
Wednesday, August 23, 2023
Resilience
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I'm not a fan of "diagrams" in economics, but sometimes... This is a screen capture of slide 36 from a SlideShare presentatio...
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