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FIND POSTS BY CATEGORY The Beginning of the Industrial Revolution The theme of the following four sections of the blog is that innovation, not price competition, is the basis for understanding economic growth, competition, and analysis. Basic Concepts and Theory Market Behavior and Structure Market Dynamics and Information:  How Markets Work Economic Theory and Markets Corporate Strategies There is beginning a historic change in future populations and their demographics. This will interact with other variables and have a serious, maybe profound, effect on future economic growth. Demographics and Economics Geopolitics and the Global Economy China American Economic History Management The world seems to be in the midst of radical political and social change. Where are we going? Can studying past periods and countries facing disrupting change help us navigate our times? Maybe. History American History World War I:  The Beginning of the 20th Century The Roman Republic and Amer...

        INTRODUCTION   In 1600, England had been an insular and agricultural nation, trading primarily with nearby northern Europe. By 1700, England’s commerce was complex and global, as London competed successfully with Amsterdam for American produce and Asian luxuries.      Alan Taylor,     American Colonies:  The Settling of North America, 258. England's rise to global power and wealth depended on new sources of trade in the 1600s. In Asia, this was a result of trade developed by the English East India Company (EIC). In America, new sources of trade were created by the English settlements in North America and the West Indies. Because of these developments, total tonnage carried in English ships doubled between 1660 and 1688. From Asia came pepper and other spices along with Indian cotton cloth. From America came tobacco and sugar. The rapid increase in sugar production after 1660 in the West Indies led to slave trade with Af...