First Knowledge Economy

"Ever since the Industrial Revolution debate has raged about the sources of the new, sustained western prosperity. Margaret Jacob here argues persuasively for the critical importance of knowledge in breaking the Malthusian trap during the period from 1750 to 1850, first in Britain and then in selected parts of northern and western Europe. This is a new history of economic development in which minds, books, lectures and education become central. She shows how, armed with knowledge and know-how and inspired by the desire to get rich, entrepreneurs emerged within an industrial culture wedded to…