ARTE- série documentaire "Capitalisme" Adam Smith and the "Invisible Hand" The Kondratiev waves. Homework. Where History Happened: The Birth of the Railways. Thundering along at previously unimaginable speeds, early steam locomotives were a frightening prospect for their Victorian passengers.
Before the opening of the first major railway line, the Liverpool & Manchester in 1830, there were fears it would be impossible to breathe while travelling at such a velocity, or that the passengers’ eyes would be damaged by having to adjust to the motion. Little more than 20 years later, their fears allayed, people flocked to this exciting new form of transport, and by mid-century, millions were dashing across the country on tracks stretching thousands of miles. "Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem.