The radiocarbon method was developed by a team of scientists led by the late Professor Willard F.Libby of the University of Chicago in immediate post-WW2 years.Libby later received the Nobel Prize in Chemistry in 1960: (From Taylor, 1987).
The C14 technique has been and continues to be applied and used in many, many different fields including hydrology, atmospheric science, oceanography, geology, palaeoclimatology, archaeology and biomedicine.
There are three principal isotopes of carbon which occur naturally - C12, C13 (both stable) and C14 (unstable or radioactive).
These isotopes are present in the following amounts C12 - 98.89%, C13 - 1.11% and C14 - 0.00000000010%.
"Everything which has come down to us from heathendom is wrapped in a thick fog; it belongs to a space of time we cannot measure.
We know that it is older than Christendom, but whether by a couple of years or a couple of centuries, or even by more than a millenium, we can do no more than guess." [Rasmus Nyerup, (Danish antiquarian), 1802 (in Trigger, 19)].