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About as reliable a theory as this part:

>Apple Computers is a famous example: it was founded by (mostly Republican) computer engineers who broke from IBM in Silicon Valley in the 1980s, forming little democratic circles of twenty to forty people with their laptops in each other’s garages.

https://delong.typepad.com/sdj/2012/02/gabriel-rosser-on-dav...



I stopped reading Debt when he described the Susan B. Anthony dollar coin as "made of a copper-nickel alloy designed to look vaguely like gold". The Susan B. Anthony dollar is the same color as all the other circulating coinage of the time excluding pennies obviously. Did he seriously confuse Susan B. Anthony dollars from the early 80s with the currently circulating Sacagawea dollars? I know numismatics is only tangentially related to the history of finance, but it's related enough that he could have taken five minutes to check. I remember when he got denied tenure by Yale he went on Charlie Rose and had all these conspiracy theories about union organizing. Maybe his research was just shoddy.


That's interesting - that composition certainly isn't correct, and I can't find reference to the US Mint ever planning on having the Susan B. Anthony dollar be composed of anything other than what it is.

That seems like a really glaring oversight on the part of the author.


How can you pack so many wrong things in one sentence...


Well, that is certainly some grade-A baloney. One struggles to imagine how or if a clear-minded person put this arrangement of words to paper.


This book is on my reading list and that sentence is causing me to consider removing it.




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