Slavery
Elgar Encyclopedia of Public Choice, Forthcoming
21 Pages Posted: 9 Oct 2024
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: 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
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