When termites attack a wood building, they eat the structural resilience designed into the building. Being intimately aware of the tension in the fibers they are eating, they leave before the rupture point. Then, the unexpected load of an earthquake, strong winds, or a party with fifty friends, makes the house fall down. Free market capitalism works the same way. In manufacturing, uncertainties in component production and transportation can cause expensive delays in assembly, which can be avoided by stockpiling materials. The greater the stockpile, the greater the resilience in the system, but with greater cost incurred. In the 1970’s, the Japanese perfected what became known as “just i
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