Andre Millard, in Business and Economic Hisloy (Fall 1991), Dept. of Economics, College of William and Mary, Williams- burg, Va. 23185.
"Well, it's all gone, but we had a hell of a good time spending it!" Thomas Edison (1847-1931) exclaimed after losing his light bulb fortune in 1900 on a disastrous plan to mine iron magnetically. Henry Ford called his friend the world's greatest inventor and worst businessman, a reputa- tion that has stuck unfairly, in the view of Millard, a professor...