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A Historian's Take on the Bear Market | Josh Rosenthal

Empire

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The American Extension of the Renaissance

The printing press and double entry bookkeeping basically unwound the hierarchy of society. Once you have unlocked your identity to choose what you want to do, your vocation not to have to be a farmer or a Smith, you can choose. There's a whole background where previously the meaningful stuff was holy and that was being locked away in a monastery. And now you can be out in the world benefiting yourself and your neighbor using these new financial tools,. exercising self-determination, having a vocation, doing it through print, choosing your identity.

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