[lbo-talk] Krugman

Alan E. DeBakey a.debakey at yahoo.com
Fri Dec 21 19:14:05 PST 2007


Next round: Might water fly?

Doug Henwood <dhenwood at panix.com> wrote:

Joanna nominated for the next boom:


> Technology.

Yeah, but which one? It be nice to get an alt.energy bubble going - it might produce some useful, planet-sparing stuff amidst the froth.

Which reminds me of an observation I've been meaning to make, in the spirit of Keynes. Leftists and other sourpusses love to go on about "bubbles," as if they're all bad, but they do have their benefits. The dot.com bubble really did help develop the Internet, and we're mostly grateful for that, no?

Doug

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