4 ms·
I don't understand this quote and was wondering if you could link to the context?
by uses 12y ago
I don't understand this quote and was wondering if you could link to the context?
- pav7en 12y agoSure: "Two things changed. The first was the rule of law. For most of the world's history, if you did somehow accumulate a fortune, the ruler or his henchmen would find a way to steal it. But in medieval Europe something new happened. A new class of merchants and manufacturers began to collect in towns. [10] Together they were able to withstand the local feudal lord. So for the first time in our history, the bullies stopped stealing the nerds' lunch money. This was naturally a great incentive, and possibly indeed the main cause of the second big change, industrialization." http://www.paulgraham.com/wealth.html http://www.paulgraham.com/wealth.html