Industrial Revolution

Private coins and the Industrial Revolution

Reprising this post from when I enjoyed George Selgin’s Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775-1821 (University of Michigan Press, 2008). Come the Industrial Revolution, the number of wage earners rose dramatically, increasing dramatically the need for small denomination coins to pay them and for them to […]

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Do we need political compulsion for education? E. G. West on education and the Industrial Revolution

Reprising this from when I read E. G. West’s fascinating Education and the Industrial Revolution, which is a powerful argument for the conclusion that … well, let’s first look at some data. Here’s a table comparing school enrollments in various parts of the world with enrollments in England and Wales a century earlier. The table

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