COVID-19 will turn out to be a global accelerant to pre-existing trends that inertia was braking:

Expensive universities with mediocre education->mostly gone
In-store retail->reduced
Default expensive office space for white-collar work->reduced https://www.bloomberg.com/opinion/articles/2020-04-04/coronavirus-u-s-colleges-and-universities-reach-breaking-point">https://www.bloomberg.com/opinion/a...

It& #39;s telling that the East Coast, with its dense cities, heavy use of public transit, and generally more traditional work/living arrangements is faring far worse now than the spread-out, tech-centric West Coast.

I don& #39;t think we& #39;re just going back to & #39;normal& #39; after.

Ah ha! And of course @tylercowen (and his anonymous source) captured this far more expansively and succinctly than me.

https://marginalrevolution.com/marginalrevolution/2020/04/world-2-0-there-are-decades-where-nothing-happens-and-weeks-where-decades-happen.html">https://marginalrevolution.com/marginalr...