RE: [Pen-l] Bubble Psychology [was: thinking the unthinkable

To: "Progressive Economics" <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: RE: [Pen-l] Bubble Psychology [was: thinking the unthinkable
From: "Perelman, Michael" <MPerelman@xxxxxxxxxxxx>
Date: Thu, 23 Oct 2008 17:15:23 -0700
Thread-index: Ack1QKsb7ijN826YR/KnLi6TCrwH7AALLPQg
Thread-topic: [Pen-l] Bubble Psychology [was: thinking the unthinkable

Fogel was correct, but in a static analysis.  Railroads stimulated the
telegraph, economies of scale in the production of metal for rails ....


Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901
www.michaelperelman.wordpress.com

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