The Black Death

How Pandemics Coincide With Economic Collapse

Key Takeaways:

1. Economic systems have lifecycles, and pandemics coincide with their births and deaths.

2. The Black Death caused a labor shortage that broke the economic dominance of Europe’s noble ruling class.

3. The Black Death also shattered the intellectual monopoly of the Roman Catholic Church.

Economic Lifecycles

Economic systems have lifecycles, and pandemi…