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Cotton, Slavery, and the New History of Capitalism with Alan Olmstead and Paul Rhode

Economics Detective Radio

CHAPTER

Plantation Books Are Not Just Part of a Modernizing Economy

The accounting and the creation of these plantation books, if you're coming from outside, that is really surprising. They had very detailed records about what each person was doing each day. The idea that an old horse was worth less than a new onemean understood that thing is aged and depreciated. But it's hard to see any evidence that the owners were studying these books in favor of modern corporate forms.

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