The paradigm of the development of natural resource-based industry - meatpacking, lard, timber, iron and coal, grain. Cincinnati's lard processing plants looked a lot like JDR's oil refineries thirty years later.

I would speculate that a critical mass of the population has to internalize a middle class outlook first. International aid experience has demonstrated many times that just building railroads doesn't get you there. You need people ready to sue them.

merica was middle-class for the very start - the people who came first were hyper-strivers from England. There were no vested interests, no ranks, no classes, it was very lightly populated, there were unlimited natural resources - for free essentially - if you failed, you could always start over.

n truth, we don't know a whole lot of what Simeon North did. He did manage to match John Hall's ability to make interchangeable parts, but it's not clear how much of that came from Hall and how much was original with North.

By 18th century standards, they [Great Britain] were the freest, most dynamic, most willing to challenge tradition and authority. They had the highest wages and highest living standard, and probably the most engagement between the populace and the government of any country. Then the United States took those same qualities to the nth degree, and the British were suddenly appeared stodgy and tradition-bound.

My neck is too arthritic to snap around. The big shift in my perspective that happened in the writing process, however, was the paramount importance of the "West" epitomized by Cincinnati.

Credit is the air that financial markets breathe, and when the air is poisoned, there's no place to hide.