The New Economy (Pre)Dux; or, What History Teaches Us about the Wired World
By Andrew R. Rutten
This article appeared in the Fall 2003 issue of The Independent Review
Abstract
Although James Ely’s Railroads and American Law (2001) examines the era of the locomotive, not Linux, its lessons for policymakers in the wired economy are significant. Whatever looks new in the past two decades—bubbles, busts, merger manias, managerial malfeasance, fights over network standards, imported labor, intellectual property, and hype—the railroads had in abundance.
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Volume 8 Number 2
Fall 2003
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