And God gave Solomon wisdom, exceedingly deep insight, and understanding beyond measure, like the sand on the seashore.
1 Kings 4:29
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King Cotton & the Post-Bellum Economy
The aim of this blog post is to provide an impact analysis of slavery and cotton on the post-bellum economic market. Specifically, the blog will investigate the influence that slavery had on the production and sale of cotton in the South and around the world by providing a summary of historian Sven Beckert’s article “Emancipation and Empire: Reconstructing the Worldwide Web of Cotton Production in the Age of the American Civil War”. Furthermore, this blog post will provide evidence in support of the claim that Western civilization was not built upon slave labor. Instead, the modern world in which we live is a product of the West’s ability to successfully transition away from a sinful dependency on the “strange institution” of slavery, and towards a more morally, ethically, and economically sound market based in free trade and transactional labor around the globe.
Henry Ford
Between the years of 1900 – 1920 several titans of industry left their indelible impact on the American, and what would one day be considered the global economy. The aim of this blog is to identify Henry Ford as a figure of great import during this time and analyze the various ways in which he influenced economic history.
The Great Depression
The aim of this discussion post is to analyze several of the most significant academic theories related to the causes of the Great Depression on a macroeconomic level. As a result, this discussion will be able to identify a consensus surrounding one of the most significant economic events in history. To provide a succinct summary of the Great Depression and its causes this post will rely heavily on two scholarly articles written by the former Chair of the Federal Reserve, Ben S. Bernake.
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