Get Over It! Here’s Why There Is No Going Back To Normal After COVID-19

by Adam Felts

AgeLab Director Joseph Coughlin writes on LinkedIn that many of the changes effected by COVID-19 may remain with us long after the pandemic is over:

"Observers have described the pandemic as transformative to society. Not exactly. Instead, COVID-19 fanned the gale of creative destruction that was already underway and has served as a propellant accelerating economic and social change.

Nearly 80 years ago, Austrian economist Joseph Schumpeter described change, particularly economic change, as the result of a “gale of creative destruction.” Where technology, new processes, and entrepreneurs lead to the destruction of ‘normal’ and to the creation of a new economic and social equilibrium."

Read Dr. Coughlin's thoughts in full here.

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About the Author

Photo of Adam Felts
Adam Felts

Adam Felts is a researcher and writer at the MIT AgeLab. He conducts research on the experiences of family caregivers and the future of financial advice. He received his Master's in Fine Arts in Creative Writing from Boston University in 2014 and his Master's of Theological Studies from Boston University in 2019.

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