George Reisman's Blog on Economics, Politics, Society, and Culture

This blog is a commentary on contemporary business, politics, economics, society, and culture, based on the values of Reason, Rational Self-Interest, and Laissez-Faire Capitalism. Its intellectual foundations are Ayn Rand's philosophy of Objectivism and the theory of the Austrian and British Classical schools of economics as expressed in the writings of Mises, Böhm-Bawerk, Menger, Ricardo, Smith, James and John Stuart Mill, Bastiat, and Hazlitt, and in my own writings.

Showing posts with label illusory capital. Show all posts
Showing posts with label illusory capital. Show all posts
Saturday, August 15, 2020

Slavery as the Cause of General Loss

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While slavery enriched slave owners, it impoverished not only the slaves but also the United States as a whole. Its impoverishment of the US...
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