The publication of “The Wealth of Nations” had a profound impact on economic thought and policy, laying the foundation for classical economics and providing justification for the rise of free-market capitalism.

On the 8th October 1829, Robert Stephenson’s steam locomotive The Rocket won the Rainhill Trials and secured a prize of £500 and the contract for Robert Stephenson and Company to produce locomotives for the new Liverpool & Manchester Railway that opened the following year.