Market Power

Musings by an academic economist on the power of markets and the power over markets.

Wednesday, February 23, 2005

Slavery and Capitalism

Is today's US wealth attributable to slavery in the early history of our country? No. Indeed, Don Boudreaux argues here that not only is this wealth due to capitalism, capitalism led to slavery's ultimate demise.

Thanks' to Newmark's Door for the link.