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Learning from the history of railroads in the USA - May 29, 2006

I heard an interesting talk by Richard Adelstein that SATN readers might find of interest. Richard is an MIT grad and now a professor of economics at Wesleyan University. He kindly sent me a copy of his notes and I reproduce them here with permission. (All rights reserved by him.)He was talking about some history of transportation in the USA and the importance of the railroads. What struck me was his statement that many things we now take for granted in business organization and business law...
http://www.satn.org/2006_05_28_archive.html#114886841871561514
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