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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The discovery of a high and persistent rate of profit on slaves constitutes a
serious, and probably irreparable, blow to the thesis that the price of slaves was
largely attributable to conspicuous consumption. If conspicuous consumption had
It should be remembered that the proponents of the thesis that slaves were held
widely for reasons of conspicuous consumption never provided conclusive proof
of their contention. The thesis did not appear to require a rigorous proof, since ...
This assumption is based on the mistaken belief that large consumption
expenditures by the rich necessarily imply low ... Whatever conspicuous
consumption did exist was probably carried on mainly by planters who were
wealthy by the ...
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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