Vintage: People Getting X-Rays

Vintage: People Getting X-Rays

German physicist Wilhelm Röntgen is usually credited as the discoverer of X-rays in 1895, because he was the first to systematically study them, though he is not the first to have observed their effects. He is also the one who…
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Vintage: Edwardian Markets in the 1900s

Vintage: Edwardian Markets in the 1900s

Oliver Williamson gives a transaction cost explanation for the rise of the modern corporation and argues that the wide variety of governance structures and forms of organization were an evolutionary response by businesses to lower the information and coordination costs…
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Vintage: Railway in Chicago (1940s)

Vintage: Railway in Chicago (1940s)

Chicago is the most important railroad center in North America. More lines of track radiate in more directions from Chicago than from any other city. Chicago has long been the most important interchange point for freight traffic between the nation’s…
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