The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (91150)	10/2/2007 8:22:14 PM
From: neolib	Read Replies (1) of 306849

I freely admit to lacking the basics, my only formal eduction in economics is a single class in Engineering Economics, which is not much. Plus reading various books including one on an economist you seem to like, Schumpeter. Plus the fact that an entire branch of economics closely mirrors control system theory, my own field. But I can make the observation that if system X was once prevalent, and is now nonexistant, while knowledge about it is still widely available, there must be some reasons nobody uses it. You have only obliquely answered that, implying that everyone is seduced by economic irresponsibility. Is that really your opinion?

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