In a message dated 1/7/03 11:58:51 AM, [EMAIL PROTECTED] writes: << > If one had a cynical bent one might suggest that the predominance of > stories about the small bubbles in the huge cake batter of the miracle of modern economic growth stems from a prevalence of statists in the news media.< > David Levenstam
What about the large bubbles? Fred Foldvary >> Compared to the factor of 25 by which real per capita incomes have grown since the Industrial Revolution, there ARE no large bubbles. David Levenstam