The 90% University
A helpful starting point for me when considering universities after the pandemic is the cover story of The Economist , from two weeks ago, The 90% Economy. They were reflecting on the world economy will change in the coming years, suggesting three key characteristics. 1. the economy will be more fragile 2. there will be less innovation 3. there will be even greater inequality The reason that it is called the 90% economy is because in the next few years rather than growing a few percent each year it will decrease in size by about 10%. Now on one level that doesn't sound too bad, but the problem is that it is not a uniform decrease across every sector, company, and individual. The changes will be quite heterogeneous. Rather, there will be significant gaps, that because of the interconnectedness of everything there will be problems. Just like the economy going back to ``normal'' universities will continue to have students, continue to do teaching, continue t