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reading recommendation



I have been reading a very nice article about the railroad industry of the
19th-century.  Some of it is not entirely new -- for those of you familiar
with Tales of the Erie, but it does a nice job of showing how Enron-like
shenanigans were common at the time and the importance of duping the press
in order to sell worthless paper.

White, Richard. 2003. "Information, Markets, and Corruption:
Transcontinental Railroads in the Gilded Age." Journal of American
History, 90 (June): pp. 19-43.



--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx



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