Replies to post #10882 on The Rising Influence of Rising Affluence

[OakesCS]

Would be more accurate to put the blame on financial speculation related to technology rather than the technology itself, c.f. https://en.m.wikipedia.org/wiki/Panic_of_1873 . There were many other things going on in the period which also contributed which didn't have much to do with technology unless you're including weapons.