I don’t think we would have been able to use the additional information we would have gained from delaying the industrial revolution but I think if we could have the answer might be “yes”. It’s easy to see in hindsight that it went well overall, but that doesn’t mean that the correct ex ante attitude shouldn’t have been caution!
I don’t think we would have been able to use the additional information we would have gained from delaying the industrial revolution but I think if we could have the answer might be “yes”. It’s easy to see in hindsight that it went well overall, but that doesn’t mean that the correct ex ante attitude shouldn’t have been caution!