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Commentary: Sheon Karol - Human resilience offers hope for the post-COVID future
Sheon Karol
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Are we resilient or emotionally fragile? Our society wrestles endlessly with this question. A new government has assumed power and our economic future will be determined by whether the Biden administration and investors view us as psychologically damaged, or able to withstand the suffering of the COVID period.
Human fragility underlies the bleak view of the post-COVID world provided by “Scarring Body and Mind: The Long-Term Belief-Scarring Effects of COVID-19”, a paper delivered in August at the Jackson Hole annual economic policy symposium. Julian Kozlowski and his co-authors argue the pandemic will psychologically scar the populace and the negative economic consequences post-shock will far outweigh the direct losses suffered during the pandemic. ....

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