(Drivebycuriosity) - Imagine you want to travel by ship to the Bahamas and you miss the islands because you cannot find them? That happened quite often before the 19th century.
The seafarers didn`t have precise maps. The captains and steermen lacked the correct coordinates, the longitudes, to navigate their ships. Longitude is an imaginary line drawn from north to south pole, and combined with latitude (measured from the equator by parallels north and south of it) you create a grid which helps finding any place on the globe you want. Without longitude captains steered their ships just by guessing.
Therefore sailors hit very often islands, which surprisingly 
got in their way. For example, in October 1707 British Admiral Sir 
Clowdisley Shovell and his whole fleet suffered wreckage and sank, just 
miles short of the safe British harbor, because the Admiral 
miscalculated the correct route home. 
Missing the route was a big obstacle for the raising world trade and fledgling economies. Therefore the governments of Great Britain and other
 seafaring nations offered high prizes for finding a workable method to 
discover correct latitude.
The book "Longitude: The True Story of a Lone Genius Who Solved the Greatest Scientific Problem of His Time" by Dava Sobeil, describes how this 
problem was solved in the late 18th century (amazon ). There was a hot competition to win the bounty which the British 
Parliament offered in its Longitude Act of 1714. 2 competing schools 
tried to find ways for determining the correct longitude. One group 
tried to find the coordinate with the help of astronomy, the other group
 focused on clocks. 
Sobel`s "Longitude" focuses on the clock maker and pioneer John 
Harrison. In his lifetime the British constructed four timekeepers, 
called H1 through H4. These chronometers would display the correct time 
and therefore help the sailors to determine their exact position,  thus 
 longitude.
However, Harrison did not have just the problem of how to construct a 
clock which was robust enough to work exactly during extreme and changing
 conditions on long ship travels. Sobel also describes how Harrison had 
to fight with the Board of Longitude. This organization, which was 
determined by the British Parliament to decide about the bounty, was 
dominated by Harrisons competitors, the astronomers. And his rivals did 
everything to keep him from winning.
In describing the lifelong fights and frustrations Harrison had to 
accomplish, the author gives also insights to investors. She shows, that
 a strong idea doesn`t guarantee spontaneous success and quick fortune. 
Very often an idea needs a lot of time and patience to flourish. The 
stock market very often shows such setbacks. 
This book is not just a 
pleasant read, it is also a cheap and pleasant way to learn that.  

 
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