Time on the cross: the economics of American Negro slavery
First published in 1974, Fogel and Engerman's groundbreaking book reexamined the economic foundations of American slavery, marking "the start of a new period of slavery scholarship and some searching revisions of a national tradition" (C. Vann Woodward, New York Review of Books).In an Afterword added in 1989, the authors assess their findings in the light of recent scholarship and debate.
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John Elliott Cairnes: An Economist's Reformulation The last of the principal
architects of the economic indictment of slavery was John Elliott Cairnes. One of
the most eminent British economists of the mid-nineteenth century, he held chairs
Only "where the natural fertility of the soil is so great as to compensate for the
inferiority of the cultivation, where nature does so much as to leave little for art,"
only then, said Cairnes, can slave labor "be turned to profitable account." Such
"Slavery," said Cairnes, "finds its natural career in agriculture." But the nature of
slave agriculture implied that per capita production must eventually decline in this
sector, too. Because of the tendency of slavery to degrade land, the original ...
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Time on the Cross created a sensation when it was first published, and received largely favorable notice. It claimed to break new ground with its cliometric study of slavery. A notable dissenter from ... Leer reseña completa