Freezing Technology: Why is COBOL so popular?

[Brad De Long]

>In a message dated 98-12-13 22:50:02 EST, you write:
>
><< than trying to freeze the sectoral distribution of employment and
> >production in the pattern it held in 1950? >>
>
>Brad,
>
>Go around to the "average" urban hospital and you will probably find most
>accounting systems still using COBOL!  In fact COBOL programmers still are
>getting nice premiums.  I don't know how long this will last - but economic
>evolution sometimes proceeds at its own damn pace!
>
>Jason

This would have been a good point, had COBOL existed in 1950...