\"If we lay the information...

"If we lay the information revolution alongside the railway revolution, year for year, we'd now be somewhere around 1850 - just after the railway investment mania of 1845 and its crash in 1847," says US economist W Brian Arthur. Within 65 years of that particular market bubble bursting, Britain was to see its railway network expand from 2,148 miles to 21,000 miles - and some serious money made.

Tagged: Old
Posted: March 06, 2002