I do believe that the world is going to be different after the Covid-19 crisis is over. And with different, I don’t mean different in the sense of us being more careful about social gatherings and the like. I think the Covid-19 crisis will have long-lasting effects on the fundamental way economies work for many years to come. Take interest rates, for example. I have written about the long-term downward trend in the real rate of interest
covid will not be a large enough population shock to cause the impacts you are talking about. it's orders of magnitude lower than deaths from war or spanish flu. will end up being maybe 1/100th as many raw deaths as spanish flu, in a population 5 times as large. zero comparability
covid will not be a large enough population shock to cause the impacts you are talking about. it's orders of magnitude lower than deaths from war or spanish flu. will end up being maybe 1/100th as many raw deaths as spanish flu, in a population 5 times as large. zero comparability