The World According to Hayekian Insights
Sunday, June 11, 2006
How much of the rise of Britain to world dominance by 1850 does the Industrial Revolution explain?
Not much, according to professor Greg Clark at UC Davis.
Here is the bottomline:
"Britain's rise to world dominance was a product more of the bedroom labors of British workers than of their factory toil."
Amazing, read the paper
Gary M C Shiu
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