Britain experienced a period of rapid technological progress that forever changed the nature of work, and that allowed it to dominate markets around the world.
Category: Industrial Revolution
The Steam Engine
The steam engine powered a new generation of industrial machinery, and gave rise to modes of transportation that would stitch the world together.
The Scientific Revolution, the Enlightenment, and the Industrial Revolution
The Industrial Revolution was one aspect of a dramatic change in the way that people thought of themselves and the world in which they lived.
Why Did the Industrial Revolution Happen in Britain in the Eighteenth Century?
The Industrial Revolution occurred because labour was expensive relative to capital and coal, making technologies that replaced labour with machines profitable.
The Second Industrial Revolution
The Second Industrial Revolution produced a range of new technologies, including industrial chemistry, electric power, and the internal combustion engine.
The Division of the World
W. Arthur Lewis explained why the world divided into manufacturers and primary producers, and into prosperous temperate countries and poor tropical countries.
Why Nations Fail: Theory is Tidy, History is Messy
Evidence from the Industrial Revolution does not support Acemoglu and Robinson’s claim that the transition to sustained growth always follows the same pattern.