Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (33534)	5/12/2003 2:03:35 AM
From: elmatador	Read Replies (1) of 74559

<<Reading a book on "El camino" - St Jacob´s trail.>> Does this book teaches about Germany's economic history? It makes for interesting reading, I can tell you :-) "An American firm, it is said, will devise a new machine, and an export of the machine itself, or of its products, will set in. Then some German will buy a specimen and reproduce the machine in his own country...not only will the exports cease but the machine itself will be operated in Germany by low-paid labor; and the articles made by its aid will be sent back to the U.S. Shoe machinery and knitting machinery have been cited." Taussig 1915, Cited in Cooper, Richard, . "Technology and U.S. Trade: A Historical Review." In Technology and International Trade, Washington D.C. National Academy of Engineering, 1971.

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