Posts Tagged ‘Thomas Savery’

  • Invention, Profit and Economic Growth

    The Real Mother of Invention

    Oct 21, 12 • 530 Views • No Comments

    Saying that profit, not necessity is the mother of invention, economic historian John Steele Gordon starts his column in this week’s Barrons. His focus was the 18th century clipper ships that earned people like John Jacob Astor $50,000 for a single...  [read more]