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How the Railroad Tracks Led to the Internet Age


Love them or hate them, the railroads created a template that other nascent industries followed. Telegraph and telephone, automobile and airplane, radio and television, and now the internet each of these technologies, in its own way, made us ever more tightly connected. Industries that sprang up around these new technological products generated enormous wealth and great power for some. And all of them eventually felt the hand of government regulation.
But first the railroad had to come through.
Railroads dominated the economy in the 19th century as no industry would again; they practically were the industrial economy for decades. Charles Dow’s first stock index ....

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