It certainly sounds good and it appears that some well respected environmental economists are working in this area. IMHO I think this is an area of research to watch.
I like the statement "but the there is a lot that needs to be done to create a broadly useful resilience economics" that infers that economists to date have made a pretty poor effort at linking economics to resilience science and have thus far not come up with anything that the scientists deem to be "useful". I wonder how they define "useful"?
Coral Reef Futures and Resilience Economics
It will be interesting to see what type of resilience economics John Quiggin develops. Several other economists have been working on the economics of resilience, such as Wisconsin economist Buz Brock, Charles Perrings at Arizona State U, as well as Anne Sophie Crepin and others at the Beijer Institute, but the there is a lot that needs to be done to create a broadly useful resilience economics
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