THE INTERNATIONAL SYSTEM OF DEPOPULATION GLOBALIZATION EXPLAINED
FIXING MONEY BETTER SOUND
TIDES OF THE DOLLAR MOON
May 10, 2003
The Causes of Slavery or Serfdom: A Hypothesis
Paul Krugman’s post, Serfs Up!, reminds me of one of my major sins this spring (for which I must atone): my cutting Evsey Domar (1970), “The Causes of Slavery or Serfdom: A Hypothesis,” Economic History Review 30:1 (March), pp. 18-32, from my spring 2003 Economics 210a reading list.
“there’s no point in enslaving or enserfing a man unless the wage you would have to pay him if he was free is substantially above the cost of feeding, housing, and clothing him.”
It’s about Political Economy not public health we all know that.