Tag: slavery
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The Economics of Plantation Agriculture
Examine plantation agriculture as an economic system — why tropical monoculture required coerced labor, how plantation economics drove the slave trade and indentured servitude, the productivity paradox of high output with low worker welfare, and what factor endowments reveal about labor institutions.
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The Economics of the American Civil War
The American Civil War was an economic conflict between industrial free labor and agrarian slave capitalism. Understanding its financial dimensions explains both the war's outcome and Reconstruction's failure.
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How Cotton Built the American South
Examine how Southern cotton production integrated into the British textile economy, why the cotton gin deepened rather than dissolved slavery, and what the plantation political economy reveals about the relationship between commodity booms and coercive labor.
