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 first step in the estimation procedure involved the determination of the total
supply of food available for human consumption on the designated plantations.
The second step required the separation of the consumption of slaves from that of
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 ...
The assumption that the inequality of the southern income distribution lowered its
aggregate savings rate is probably false. This assumption is based on the
mistaken belief that large consumption expenditures by the rich necessarily imply
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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