Hanging with History
The first season focuses on the origins of the Industrial Revolution or the Great Enrichment, we go deep into history to gain enough background knowledge to actually understand the various theories of the origins of the Great Enrichment. Eventually we learn that we also need to know how the miracle was consolidated, as the many other close approaches to the Industrial Revolution failed.A kwirky style, but intellectually ambitious with the goal of understanding history well enough to understand the miracle that happened that one time. It's gonna be a long series.
Hanging with History
126. Industrial Enlightenment, the Entrepreneurs
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Harald Hansen
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Season 1
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Episode 126
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Paradox abounds when we look at entrepreneurs. Expected returns are negative, but this doesn't really matter and we explain why. Bankruptcies are common, but they only take your assets, they can't take what's between your ears and in your heart. We look at some bankrupts and note that these are not failures at life.
We look at Entrepreneurs and their social class origin, their religions (7% of the population -Dissenters, produced 50% of the entrepreneurs. We look at the, surprisingly, totally true myth of the self-made man. We look at whether they come from inside or outside their industries.