First of all, the machinery for treating radical polymerization (RP) kinetics is presented. On the one hand, this involves kinetic descriptions that may be implemented without undue difficulty and that account for subtle but pivotal phenomena such as chain‐length‐dependent termination and penultimate‐unit effects in copolymerization. At the same time, this machinery also includes reliable, probing experimental methods for measuring rate coefficients. It is then shown how these tools have been used to develop mechanistic understanding of the fundamental RP reactions, which are initiation, propagation, termination, and chain transfer. In the case of propagation, there is a particular emphasis on entropic effects arising from hindered rotations, while with termination the composite model for chain‐length dependence is stressed, as is variation of overall termination rate coefficient with conversion. Finally, it is shown that chain transfer to polymer and β‐scission are recurring and important motifs in many RP systems. All in all, a pleasing picture of a scientifically maturing field is revealed as taking shape.