...and a fascinating insight into what caused the Industrial Revolution

Another find on my media scan: "In Dusty Archives, a Theory of Affluence", by Nicholas Wade, discusses a theory by Dr. Gregory Clark on how England in suddenly shifted from an agrarian-based economy to the Industrial Age. Why did this transition occur, and why only in some societies?

In reading the article, it made me reflect on the disparities between North America/Europe and Africa. Is the difference in wealth one of resources, or one of values?

And is all difference in prosperity one of values?

Read the article in the New York Times (free registration may be required)

Dr. Clark's homepage