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Twilight of the Steam Age, Part 1: Internal Combustion

Here in the early decades of the twenty-first century, steam turbines can still be found (though they are almost never seen) but steam piston engines are archaic relics. Nearly every moving machine that we see cars, trucks, lawnmowers, the aircraft in the sky and the boats in the water derives its power directly from the combustion of… ....

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Age of Invention: How the Dutch Did it Better

You’re reading Age of Invention, my newsletter on the causes of the British Industrial Revolution and the history of innovation. This edition went out to over 15,600 subscribers. To support my work, you can upgrade your subscription here: One of the weird things about Britain, despite its being the birthplace of the Industrial Revolution, is that its financial infrastructure was for a long time remarkably backward. Its “Financial Revolution”, by which both people and the state began to borrow at ever lower interest rates, only really took off in the early eighteenth century long after London’s extraordinary growth in 1550-1650, when it had suddenly expanded eightfold to become one of Europe’s most important commercial hubs. Indeed, even for much of the late seventeenth century, England lacked many of the most basic financial institutions that had been used for decades and decades by their most important rival and trading partner, the Dutch Republic. ....

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