Freer History

AOIT Honors World History is a comprehensive look into civilizations across the world. This blog will present relevant information on the web. Find something interesting or useful? Email me at FreerHistory@gmail.com

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These diverse blogs can attest to my varied interests. I've taught many classes in many different subjects. The world is so interesting, I just can't specialize :)

Wednesday, May 17, 2006

Cause of the Industrial Revolution

Two things changed. The first was the rule of law. For most of the world's history, if you did somehow accumulate a fortune, the ruler or his henchmen would find a way to steal it. But in medieval Europe something new happened. A new class of merchants and manufacturers began to collect in towns. [10] Together they were able to withstand the local feudal lord. So for the first time in our history, the bullies stopped stealing the nerds' lunch money. This was naturally a great incentive, and possibly indeed the main cause of the second big change, industrialization.

http://paulgraham.com/wealth.html

Interesting article!

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