4 ms·
> Well, the people who are still alive are better off. No, that's not how it works... these "great reset" theories are nice, and might even make some intuitive
by pas 5y ago
> Well, the people who are still alive are better off.
No, that's not how it works... these "great reset" theories are nice, and might even make some intuitive sense, but the actual years of the plague were (almost) completely lost (especially economically), sure the recovery seems great on a graph, but the graph would have been (in most of the cases) even higher by then. (Yes, indeed the next generation enjoyed better relations with feudal lords, because labor was scarce. But usually - when people are asked whether they would enjoy a bit better wages or keep their relatives and extended family alive, they somehow opt for the altruistic option.)
The fast recovery soon regresses to the mean rate of growth (as dictated by the general technological progress).