Slavery—Cronyism, Opportunity Cost, & Deadweight Loss

15/01/2024 11 min Episodio 2635
Slavery—Cronyism, Opportunity Cost, & Deadweight Loss

Listen "Slavery—Cronyism, Opportunity Cost, & Deadweight Loss"

Episode Synopsis

A modern misconception of antebellum slavery is that it “built the country.” Actually, the institution of slavery, economically speaking, was a deadweight loss to the US economy.Original article: Slavery—Cronyism, Opportunity Cost, & Deadweight Loss