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A century ago, historians of technology felt that individual inventors were the main actors that brought about the Industrial Revolution. Such heroic interpretations were discarded in favor of views that emphasized deeper economic and social factors such as institutions, incentives, demand, and factor prices. It seems, however, that the crucial elements were neither brilliant individuals nor the impersonal forces governing the masses, but a small group of at most a few thousand people who formed a creative community based on the exchange of knowledge. Engineers, mechanics, chemists, physicians, and natural philosophers formed circles in which access to knowledge was the primary objective. Paired with the appreciation that such knowledge could be the base of ever-expanding prosperity, these elite networks were indispensable, even if individual members were not. Theories that link education and human capital to technological progress need to stress the importance of these small creative communities jointly with wider phenomena such as literacy rates and universal schooling.
Joel Mokyr Quotes: A century ago, historians of
All this is not to suggest that the growth in useful knowledge is leading us to a world of bliss. Athena's gifts were many: she gave King Cecrops the olive tree, but she also gave the city of Troy the wooden horse that led to its destruction. Technology makes people more powerful in exploiting nature, but how and for what purpose they do so remains indeterminate. If the twentieth century has shown us anything, it is that the capacity of humans for intolerance, stupidity, and selfishness has not declined as their technological power has increased.
Joel Mokyr Quotes: All this is not to
Not so much a trickle down as a dragging-along.
Joel Mokyr Quotes: Not so much a trickle
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