EPISODE · Sep 26, 2024 · 10 MIN
Understanding the Real Costs of Slavery: It’s Not Cheap labor
from Wholesale Hotline | Brent Daniels · host Mises Institute
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.”Original article: Understanding the Real Costs of Slavery: It’s Not Cheap labor
What this episode covers
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.”Original article: Understanding the Real Costs of Slavery: It’s Not Cheap labor
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Understanding the Real Costs of Slavery: It’s Not Cheap labor
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