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Understanding the Real Costs of Slavery: It’s Not Cheap labor | Joshua Mawhorter

Understanding the Real Costs of Slavery: It’s Not Cheap labor | Joshua Mawhorter

Update: 2024-09-26

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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.”

Narrated by Millian Quinteros.

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Understanding the Real Costs of Slavery: It’s Not Cheap labor | Joshua Mawhorter

Understanding the Real Costs of Slavery: It’s Not Cheap labor | Joshua Mawhorter

Mises Institute