What Can the Black Death Tell Us About the Global Economic Consequences of a Pandemic?
abstract
The COVID-19 pandemic and global lockdown have led to academics and media outlets looking for historical parallels to draw lessons from. Whilst great care needs to be taken when trying to relate events many centuries apart, this chapter reviews the Black Death (1348-1351) and particularly focuses upon its economic impact on England. We will contextualise the pandemic and illustrate both the immediate and longer term outcomes of this devastating event. Whilst we can direct the reader to implications for our current situation, we will also discuss the many differences of these two global events.
Keywords: Pandemic • Recovery • Black Death • Economic History