The pandemic, and our reemergence from it, are reshaping the economy, government and business in lasting ways. The Journal’s Heard on the Street team explores the ways the globe is transforming.
A handful of events in the last century rewrote the rules of business, finance and economics, whether the people living through them knew it or not.
The upending of the world order following World War I. The U.S.’s exit from the Bretton Woods system of fixed exchange rates in 1971. The rise of a new, more pragmatic leader in China during the late 1970s. The global financial crisis triggered by the 2008 collapse of Lehman Brothers.
The Covid-19 pandemic will undoubtedly be remembered as a similarly momentous event, with full repercussions that likely won’t be understood for decades.
It will change where we live, how we shop, how fast new drugs are developed, where we go to college and what we expect from the government. Below, The Wall Street Journal’s Heard on the Street team provides an analysis of seven ways in which our world will never again be the same.
The Journal’s Heard on the Street team explores the ways business, government and the economy are being reshaped as the world emerges from the pandemic.
MOVING OUT
‘The Great Reshuffling’ Is Shifting Wealth to the Exurbs
BIG BOX
The Pandemic Altered Shopping Habits Beyond Return
UNEVEN RECOVERY
High Expectations and Low Vaccine Acceptance Pose Recovery Threats
HIGHER ED
Remote Learning Threatens the $670 Billion College-Industrial Complex
PHARMACEUTICALS
Covid Vaccines Will Deliver Long-Term Health Boost for Drugmakers
‘HERE TO HELP’
The Era of Big Government Is Back
INSURANCE
Covid Isn’t Done Changing the Life-Insurance Industry Just Yet
Culled from WSJ
