5min chapter

80,000 Hours Podcast cover image

#134 – Ian Morris on what big-picture history teaches us

80,000 Hours Podcast

CHAPTER

Cost of Labor in Europe in the Eighteenth Century

Cost of labor in europe explodes in the fourteenth century. The black death kills nearly half the people in europe. Increasingly, land is what short not labor. Cost of labour goes down - this isto the cost of the poor. So you start getting labour getting cheaper and cheaper again. But there's more money to be made in england or the netherlands than absolutely anywhere else. And we should not be surprised in the least that these are the two countries that lead the charge toward the industrial revolution.

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