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The Rail Revolution: George Hudson and Railway Mania (Part 2)
1:07:14
In the 1840s, Britain deployed more capital in railways than any nation had ever invested in anything outside of war. At the peak, capital invested was more than 7% of GDP… in a single year. That’s three times what the US is spending on AI today. And almost all of it came, not from governments or great banks, but from the savings of private individuals.
At the center of it stood another George.…