The realization that life is short, played a big role in shaping interest rates in late medieval Europe, stretching all the way to the Enlightenment All upheavals leave their marks.
Some fade away, some linger. Following the Black Death, the plague that’s believed to have killed 60% of Europe’s population in the second half of the 14th century, the realization that life is short, played a big role in shaping interest rates in late medieval Europe, stretching all the way to the Enlightenment. Could we witness very long-term effects from the present contagion? The coronavirus pathogen isn’t as deadly as bubonic plague, and our toolkit for dealing with pandemics is far better stacked than when the pestilence reached the harbor of Messina on
Read more on livemint.com