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

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