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October 30, 2002
The half-full glass
Brad DeLong: "Real computer investment today is higher than at any time in history--6.1% above its previous all-time high reached at the peak of the late-1990s boom and bubble." On the other hand, nominal investment (actual dollars, vs. constant "real" dollars) is down 24% from the peak values reach in 2000.
Posted by Kevin Werbach at October 30, 2002 8:38 AM
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