Table of Contents
Technology and Opportunity
We’ve Had Our Crash
Reasons for Investors to Be Optimistic
Durability of Productivity Surge
Industrial Revolutions Create Mismatches
Historical Analogy: Railroadization
Fraud, Bust, and Reorganization
Applying the Analogy
And What Are the New Industries of the Future?
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Author: Bradford DeLong
Email: delong@econ.berkeley.edu
Home Page: http://www.j-bradford-delong.net/
Other information: by J. Bradford DeLong, for the Francisco Partners Fall 2002 Investment Conference, held at the Inn at Spanish Bay, Pebble Beach, CA on October 8, 2002
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