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The Industrial Revolution: past and future


  • Robert E. Lucas


\\"We live in a world of staggering and unprecedented income inequality,\\" writes Nobel Laureate Robert Lucas in the 2003 annual report essay. Lucas goes on to use economic history to frame explanations and present possible solutions to this global quandary.

Suggested Citation

  • Robert E. Lucas, 2004. "The Industrial Revolution: past and future," Annual Report, Federal Reserve Bank of Minneapolis, vol. 18(May), pages 5-20.
  • Handle: RePEc:fip:fedmar:y:2004:i:may:p:5-20:n:v18no.1

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