AI Snips
Chapters
Transcript
Episode notes
Economic Growth's Velocity Curve
- Economic growth follows a velocity acceleration curve over thousands of years.
- Around 1770, a major inflection point caused explosive, unprecedented growth and societal transformation.
Cotton's Key Role in Industrialism
- Cotton plants of the Gossypium genus were crucial to the Industrial Revolutions.
- Cotton's qualities deeply impacted economic and social structures globally.
John Kay's Flying Shuttle Story
- John Kay, inventor of the flying shuttle, revolutionized fabric weaving in England.
- His invention doubled weaving productivity but caused social disruption and he did not become wealthy.