4 September 1882: Edison lights up Wall Street

On this day in 1882, Thomas Edison demonstrated the benefits of electric light to Wall street bankers, ushering in the age of electricity.

Thomas Edison © Oxford Science Archive/Print Collector/Getty Images
Thomas Edison with one of his early dynamos.
(Image credit: © Oxford Science Archive/Print Collector/Getty Images)

In 1879, Thomas Edison created a commercially viable electric light bulb. But a light bulb is useless without the electricity to power it, so a few months later, Edison set up the Edison Electric Illuminating Company.

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Chris Carter
Wealth Editor, MoneyWeek