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Cycloped Horse Fiasco Marked End of World Poverty: Lewis Lapham

To find the best locomotive design, the Liverpool and Manchester Railway offered a 500-pound prize and tested the five finalists during the Rainhill Trials of 1829.

As a director of the railway, Thomas Shaw Brandreth was thought to have an advantage, but his Cycloped was the first to fail. It used a horse walking on a treadmill for power, and was withdrawn when the animal fell through the drive belt after reaching a speed of 5 miles per hour.

The winner was Rocket, a steam-powered locomotive built by George and Robert Stephenson, which pulled 20 tons at more than 30 miles an hour. For William Rosen, author of “The Most Powerful Idea in the World: A Story of Steam, Industry, and Invention” (Random House), Rocket symbolizes the coming of the “perpetual innovation machine” that lifted people out of subsistence-level poverty and transformed the way we live.

It is no accident that the Industrial Revolution developed in Britain, where ideas were recognized as intellectual property, and people could own and profit from their inventions.

I spoke with him on the following topics:

1. The Idea of Innovation

2. Patent & Copyright Law

3. The Power of Patent Specs

4. James Watt’s Litigiousness

5. Escaping the Malthusian Trap

To buy this book in North America, click here.

(Lewis Lapham is the founder of Lapham’s Quarterly and the former editor of Harper’s magazine. He hosts “The World in Time” interview series for Bloomberg News.)

To contact the writer on the story: Lewis Lapham in New York at lhl@laphamsquarterly.org.

Enlarge image "The Most Powerful Idea in the World"

"The Most Powerful Idea in the World"

"The Most Powerful Idea in the World"

Random House via Bloomberg

The cover jacket of "The Most Powerful Idea in the World: A Story of Steam, Industry and Invention." The book is the latest by William Rosen.

The cover jacket of "The Most Powerful Idea in the World: A Story of Steam, Industry and Invention." The book is the latest by William Rosen. Source: Random House via Bloomberg

Enlarge image William Rosen

William Rosen

William Rosen

Emma Rosen/Random House via Bloomberg

Author William Rosen. "The Most Powerful Idea in the World: A Story of Steam, Industry and Invention" is the latest book by Rosen.

Author William Rosen. "The Most Powerful Idea in the World: A Story of Steam, Industry and Invention" is the latest book by Rosen. Photographer: Emma Rosen/Random House via Bloomberg

Lewis Lapham

Lewis Lapham of "Lapham's Quarterly." Lapham interviews authors for Bloomberg News. Photographer: Paul Goguen/Bloomberg

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