Media coverage
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Media coverage
Title The wheels of change: Human capital, millwrights, and industrialisation in 18th-century England Degree of recognition International Media name/outlet VOX EU Research-based policy analysis and commentary from leading economists Media type Web Duration/Length/Size one page Country/Territory Israel Date 30/01/20 Description The consensus among economic historians has been that Britain’s leadership during the Industrial Revolution owed little to the school system. But recent work on human capital suggests that we should rethink this consensus on the role of human capital. This column shows how millwrights – highly skilled carpenters who specialised in constructing and repairing watermills – had a persistent effect on the mechanisation of textile- and iron-making and on the economic expansion that was taking place on the eve of the Industrial Revolution. Producer/Author CEPR, Richard Baldwin (chief editor) URL https://voxeu.org/article/human-capital-millwrights-and-industrialisation-18th-century-england Persons Karine Van Der Beek, Assaf Sarid, Joel Mokyr