One of the big, maybe the biggest, unsolved mystery of recorded human history is that of the origins of the industrial revolution. Why did it happen at all? Why then, and not earlier or later? Why there, and not some other place?
In a time when many denounce the Industrial Revolution, and even the Prime Minister of the country of its origin says that it marked the point when “the doomsday machine began to tick”, one might expect people to want to get to the bottom of this mystery, so as to “correct” it properly, and not make an even greater mess of it.
For the record, I’m not in the camp of those who think that the Industrial Revolution was on balance more evil than good. I think it has so far saved billions of human lives, most of which would otherwise have died in infancy, most of the rest before age 6.
However, in this post, I’m not going argue whether the Industrial Revolution was good or bad for us. Instead, I will analyse a talk given by Dr. Gary North in 2013, where he discusses a very likely reason for the origin of this revolution.
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