ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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IT: Deconstructing the Bust that Followed the Boom

This article argues that the IT wave never constituted an exception to the conventional laws of economics and uses traditional economic concepts to explain why the bust that followed the boom was only to be expected and how it does not invalidate the (actual as well as potential) benefits associated with IT.

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