Resilience, timing, adaptation - these are the three pillars upon which the emergent properties of interacting systems rest. When the systems are the economy and the environment, understanding of the relationships among these concepts is crucial. This volume does a better job of explaining how to manage both money and nature to ensure humanity's long-term future than any other work I know of. Read and reflect.
John L. CastiIn fact, the very nature of an X-event is that it is both rare and surprising. So I would not say that any specific X-event is likely. What I would say, though, is that some X-event is not only plausible, but very likely in a time scale of a few years.
John L. CastiTo function effectively, the system scientist must know a considerable amount about the natural world AND about mathematics, without being an expert in either field. This is clearly a prescription for career disaster in today's world of ultra-high specialization.
John L. CastiAt some point, the world is going to have to bite the bullet and accept a huge downsizing in its way of life to bring the assets-to-debt ratio back in touch with reality.
John L. Casti