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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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 ...
"natural limits" thesis holds that the rise in ratio of slave labor to land eventually
would have reduced the value of a slave to less than his subsistence cost. The
rise in the labor- to-land ratio seemed assured, since the land suitable for cotton ...
However, the unknown values are supplied by the natural limits thesis itself.
Given the requirement that the proportion of the labor force devoted to cotton
remain constant, and given the constancy in the labor-force participation rate, the
rate of ...
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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