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A Slave-Based Economy Is Nothing Like a Dynamic Capitalist One - Vimarsana News

A Slave-Based Economy Is Nothing Like a Dynamic Capitalist One

The "new history of capitalism" has reprised the debate on the economic viability of slavery by rebranding it as an institution with a propensity for innovation and long-term growth.

Source: mises.org
A Slave-Based Economy Is Nothing Like a Dynamic Capitalist One - Vimarsana News

A Slave-Based Economy Is Nothing Like a Dynamic Capitalist One

Evidence indicates that the history of slavery is a robust predictor of subpar economic growth and a creativity deficit.