Bonus Quotation of the Day…

by Don Boudreaux on July 7, 2020

in Growth, History, Innovation, Myths and Fallacies

… is from page 188 of Paul Johnson’s 1991 volume, The Birth of the Modern: World Society 1815-1830:

The Industrial Revolution, which first developed its irresistible momentum in the 1780s when [George] Stephenson was a little boy, is often presented as a time of horror for working men. In fact it was the age, above all, in history of matchless opportunities for penniless men with powerful brains and imaginations, and it is astonishing how quickly they came to the fore.


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