All Posts Tagged With: "technological development"
China’s Forgotten Industrial Revolution
We live in a world that has been shaped by a process that began some 250 years ago in northwestern Europe. We often call it the Industrial Revolution because one of its most dramatic features was the appearance of industrial manufacture with the rise of the factory system. However, this was only one element and [...]
1Jun2003 | Stephen Davies | 0 comments | ContinuedMedical Technology and the State
So-called public-policy experts often take the many advances in modern technology for granted. They assume that government regulations and controls merely redistribute the fruits of progress without affecting the nature and extent of technological development itself. But that is wrong. Whenever the government involves itself in the financing and distribution of goods and services, the [...]
1May2002 | Gary M. Pecquet | 1 comment | ContinuedCountless Wonders
On a recent drive through an affluent San Francisco neighborhood boasting truly spectacular homes, I did what almost every ordinary person does in such circumstances: I wondered to myself, “What can I do to earn enough money to be able to afford such a home?” My thinking continued: “To earn such wealth requires that I [...]
1Feb1999 | Donald J. Boudreaux | 0 comments | Continued-
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