Tag Archives: Slavery
Shades of slavery (circa 1861)
According to Gareth Cook’s fascinating essay on the history of “infographics,” this was President’s Lincoln favorite map. Here is the opening paragraph of Mr Cook’s essay (emphasis ours): Near the end of 1861, with the American Union crumbling, President Abraham Lincoln became … Continue reading
Does the institution of slavery refute the Coase Theorem?
We think it does … because slaves by definition are unable to bargain for their freedom. Our colleague and good friend Glen Whitman says it does not … read his reasons and our objections to his argument in the comments section to … Continue reading