The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.”
Understanding the Real Costs of Slavery: It’s Not Cheap labor
- September 16, 2024
- 0
- 8 Views
You Might Also Like
-
September 18, 2024
An Economy So Strong It Requires Crisis-Level Fed Action
-
September 18, 2024
Understanding the Basics of Modern Banking
-
September 18, 2024
Can You Understand the Fed’s Nearly $200 Billion in Losses?