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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.