- Publisher: Cambridge University Press
- Online publication date: June 2014
- Print publication year: 2009
- Online ISBN: 9780511816680
Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and eighteenth centuries. He shows that in Britain wages were high and capital and energy cheap in comparison to other countries in Europe and Asia. As a result, the breakthrough technologies of the industrial revolution - the steam engine, the cotton mill, and the substitution of coal for wood in metal production - were uniquely profitable to invent and use in Britain. The high wage economy of pre-industrial Britain also fostered industrial development since more people could afford schooling and apprenticeships. It was only when British engineers made these new technologies more cost-effective during the nineteenth century that the industrial revolution would spread around the world.
Joel Mokyr - author of The Gifts of Athena and The Enlightened Economy
Nicholas Crafts - Professor of Economic History, University of Warwick
Jan Luiten van Zanden - author of The Long Road to the Industrial Revolution
Source: The Economist
Professor J. Bradford DeLong - Department of Economics, University of California, Berkeley
Linda Colley Source: The Times Literary Supplement
Source: Historical Association
Source: Journal of Economic History
Source: The European Legacy
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