The Book of History (Vol. 1 of 18): A History of All Nations from the Earliest Times to the PresentVarious
History
The Book of History (Vol. 1 of 18): A History of All Nations from the Earliest Times to the Present
Various
World history
Who can tell what the world may have lost by the early death of many a
man of genius? One peculiar line of discovery which at first seemed to
have nothing to do with practice has proved to be of signal service;
the working out of mathematical methods of calculation by means of
which the mechanical and physical sciences have in recent times made a
progress in their practical application undreamt of by those who laid
the foundations of geometry and algebra many centuries ago. It may,
indeed, be said that all the sciences need one another, and that none
has been without its utilities for practice, since even that which
deals with the heavenly bodies has been used for the computation of
time, was used by the agriculturist before he had any calendars to
guide him, and has been of supreme value to the navigator. It has also
been suggested that an observation of sun spots may enable the advent
of specially hot seasons, involving droughts, to be predicted.
Another kind of knowledge also grows by the joint efforts of many
peoples, that which records the condition of men in the past and the
present, including history, economics, statistics, and the other
so-called social sciences. This kind also is useful for practice, and
has led to improvements by which nearly all nations have profited,
such as an undebased currency, banking and insurance, better systems
of taxation, corporations, and joint stock companies. With this we may
couple the invention of improved political institutions.
The accumulation of knowledge, especially of scientific knowledge
applied to the exploitation of the resources of Nature, means the
accumulation of wealth--that is to say, of all the things which
men need or use. The total wealth of the world must have at least
quadrupled or quintupled within the last hundred years. Nearly all of
it is in the hands or under the control of the civilised nations of
European stock, among whom the United States stands foremost, both
in rate of economic growth and in the absolute quantity of values
possessed.
[Sidenote: Knowledge Means Wealth]
Public-domain text, read in full here on John Shaqi.
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