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Comment by daniel savage (daniel-savage) on Why no Roman Industrial Revolution? · 2023-08-06T18:40:20.560Z · LW · GW

What if the key to the "industrial revolution"  wasn't an industrial problem to solve? What if banking/finance and risk transfer were the key? Inventors don't come with money; those with money don't want to take unlimited risks with their money, plus a whole host of intermediaries - managers, insurance, and accountants.