As Time Goes By. From The Industrial Revolution... May 2026

: It argues that economic growth is not just about technology; it requires "congruence" between the economy and the political, cultural, and scientific subsystems of society.

Published by Oxford University Press in 2001, the work is a seminal text in evolutionary economics that analyzes how the global capitalist system has evolved through successive waves of technological change. Core Themes and Structure As time goes by. From the Industrial Revolution...

The book explores the relationship between history and economic analysis by charting five distinct technological revolutions: Steam-powered mechanization Electrification Motorization (Mass Production) Computerization (The Information Revolution) Key Insights : It argues that economic growth is not