Slavery

Elgar Encyclopedia of Public Choice, Forthcoming

21 Pages Posted: 9 Oct 2024

See all articles by Art Carden

Art Carden

Brock School of Business, Samford University

Phillip Magness

Independent Institute

John Meadowcroft

King’s College London

Ilia Murtazashvili

University of Pittsburgh

Date Written: September 05, 2024

Abstract

Few institutions have been as ubiquitous as slavery: it has existed in most societies for most of history and has largely disappeared in the last two centuries.Its endurance is surprising given that economic intuition suggests slavery should be less productive than free labor. We explore the economic analysis of slavery as it developed from Adam Smith through the Cliometric Revolution and on to today.

Keywords: slavery, public choice, capitalism, economic progress, economic growth

Suggested Citation

Carden, Art and Magness, Phillip and Meadowcroft, John and Murtazashvili, Ilia, Slavery (September 05, 2024). Elgar Encyclopedia of Public Choice, Forthcoming, Available at SSRN: https://ssrn.com/abstract=4948142 or http://dx.doi.org/10.2139/ssrn.4948142

Art Carden (Contact Author)

Brock School of Business, Samford University ( email )

800 Lakeshore Drive
Birmingham, AL 35229
United States

HOME PAGE: http://www.artcarden.com

Phillip Magness

Independent Institute ( email )

100 Swan Way
Oakland, CA 94621
United States

John Meadowcroft

King’s College London ( email )

Strand
London, England WC2R 2LS
United Kingdom

Ilia Murtazashvili

University of Pittsburgh ( email )

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