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The development of the steam engine as the cause of subsequent growth in the economy. Reasons for the causes of our economic difficulties poorly understood and efforts to correct them to little avail. Three related matters are discussed: why, if science and engineering are so vital to our prosperity and health, is their influence so denigrated; the nature of the change needed to correct economic thinking; what should we do about the increasing scarcity and expense of energy? The concept of no-growth, and conservation.