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The Industrial Revolution: The Only Major and Lasting Impact on Human Well-Being
Greg, welcome to Rationally Speaking. I guess my first question for you would just be, what do you think of my bold introductory claim that basically nothing else in history had any major and lasting impact on human well-being other than the industrial revolution? Greg: That's actually precisely correct. And so the only outstanding problem in the history of the world really is why did this event occur? Why was it delayed so long? The answer has bedeviled and spurred on economic history ever since the industrial revolution.