Time On The Cross
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Time On The Cross
''Time on the Cross: The Economics of American Negro Slavery'' (1974) is a book by the economists Robert Fogel and Stanley L. Engerman. Fogel and Engerman argued that slavery was an economically rational institution and that the economic exploitation of slaves was not as catastrophic as presumed, because there were financial incentives for slaveholders to maintain a basic level of material support for those they held as property. The book was reprinted in 1995 at its twentieth anniversary. The book contradicts the long-standing notion that slavery was economically backwards, underdeveloped the South, and was on the path to extinction before the Civil War broke out. It attracted widespread attention in the media and generated heated controversy and criticism for its methodology and conclusions. Content The scholar Thomas L. Haskell wrote in 1975 that ''Time on the Cross'' had two main themes: to revise the history of slavery and to support the use of the scientific method in histor ...
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Robert Fogel
Robert William Fogel (; July 1, 1926 – June 11, 2013) was an American economic historian and scientist, and winner (with Douglass North) of the 1993 Nobel Memorial Prize in Economic Sciences. As of his death, he was the Charles R. Walgreen Distinguished Service Professor of American Institutions and director of the Center for Population Economics (CPE) at the University of Chicago's Booth School of Business. He is best known as an advocate of new economic history (cliometrics) – the use of quantitative methods in history. Life and career Fogel was born in New York City, the son of Ukrainian Jewish immigrants from Odessa (1922). His brother, six years his senior, was his main intellectual influence in his youth as he listened to him and his college friends intensely discuss social and economic issues of the Great Depression. He graduated from the Stuyvesant High School in 1944. Upon his graduation he found himself with a love for literature and history and aspired for a ca ...
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The Atlantic Monthly
''The Atlantic'' is an American magazine and multi-platform publisher. It features articles in the fields of politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 1857 in Boston, as ''The Atlantic Monthly'', a literary and cultural magazine that published leading writers' commentary on education, the abolition of slavery, and other major political issues of that time. Its founders included Francis H. Underwood and prominent writers Ralph Waldo Emerson, Oliver Wendell Holmes Sr., Henry Wadsworth Longfellow, Harriet Beecher Stowe, and John Greenleaf Whittier. James Russell Lowell was its first editor. In addition, ''The Atlantic Monthly Almanac'' was an annual almanac published for ''Atlantic Monthly'' readers during the 19th and 20th centuries. A change of name was not officially announced when the format first changed from a strict monthly (appearing 12 times a year) to a slightly lower frequency. It was a monthly ...
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American History Books
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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1974 Non-fiction Books
Major events in 1974 include the aftermath of the 1973 oil crisis and the resignation of President of the United States, United States President Richard Nixon following the Watergate scandal. In the Middle East, the aftermath of the 1973 Yom Kippur War determined politics; following List of Prime Ministers of Israel, Israeli Prime Minister Golda Meir's resignation in response to high Israeli casualties, she was succeeded by Yitzhak Rabin. In Europe, the Turkish invasion of Cyprus, invasion and occupation of northern Cyprus by Turkey, Turkish troops initiated the Cyprus dispute, the Carnation Revolution took place in Portugal, and Chancellor of Germany, Chancellor of West Germany Willy Brandt resigned following an Guillaume affair, espionage scandal surrounding his secretary Günter Guillaume. In sports, the year was primarily dominated by the 1974 FIFA World Cup, FIFA World Cup in West Germany, in which the Germany national football team, German national team won the championshi ...
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Library Of Economics And Liberty
Liberty Fund, Inc. is an American private educational foundation headquartered in Carmel, founded by Pierre F. Goodrich. Through publishing, conferences, and educational resources, the operating mandate of the Liberty Fund was set forth in an unpublished memo written by Goodrich "to encourage the study of the ideal of a society of free and responsible individuals".Morgan N. KnullGoodrich, Pierre, ''First Principles'', 09/23/11Robert T. Grimm (ed.), ''Notable American Philanthropists: Biographies of Giving and Volunteering'', Greenwood Publishing Group, 2002, pp. 125–128 History Liberty Fund was founded by Pierre F. Goodrich in 1960. In 1997 it received an $80 million donation from Goodrich's wife, Enid, increasing its assets to over $300 million. In November 2015, it was announced that the Liberty Fund was building a $22 million headquarters in Carmel, Indiana. Liberty Fund has been cited by historian Donald T. Critchlow as one of the endowed conservative foundations which ...
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Peter Kolchin
Peter Robert Kolchin (born June 3, 1943) is an American historian. He has specialized in slavery and labor in the American South before and after the Civil War, and in comparisons with Russian serfdom and other forms of labor. He won the Bancroft Prize in American History and the Avery O. Craven Award for his book ''Unfree Labor: American Slavery and Russian Serfdom'' (1987). Life Born in New York, Peter Kolchin attended local schools. He graduated from Columbia University with an Bachelor of Arts, A.B. in 1964, and conducted graduate work at Johns Hopkins University, where he received a Ph.D. in 1970. His doctoral thesis was entitled ''First Freedom: The Responses of Alabama's Blacks to Emancipation and Reconstruction''. He is a professor at the University of Delaware. Awards * 1988 Bancroft Prize in American History * 1988 Avery O. Craven Award from the Organization of American Historians * Charles Sydnor Award, Southern Historical Association Works * (Revised Ed. 2008, ) * ...
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Carrot And Stick
The phrase "carrot and stick" is a metaphor for the use of a combination of reward and punishment to induce a desired behaviour. In politics, "carrot or stick" sometimes refers to the realist concept of soft and hard power. The carrot in this context could be the promise of economic or diplomatic aid between nations, while the stick might be the threat of military action. Origin The earliest English-language references to the "carrot and stick" come from authors in the mid-19th century who in turn wrote in reference to a caricature or cartoon of the time that depicted a race between donkey riders, with the losing jockey using the strategy of beating his steed with "blackthorn twigs" to urge it forward, while the winner of the race sits in his saddle relaxing and holding the butt end of his baited stick. In fact, in some oral traditions, turnips were used instead of carrots as the donkey's temptation. Decades later, the idea appeared in a letter from Winston Churchill, ...
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Protestant Work Ethic
The Protestant work ethic, also known as the Calvinist work ethic or the Puritan work ethic, is a work ethic concept in theology, sociology, economics and history which emphasizes that diligence, discipline, and frugality are a result of a person's subscription to the values espoused by the Protestant faith, particularly Calvinism. The phrase was initially coined in 1904–1905 by Max Weber in his book ''The Protestant Ethic and the Spirit of Capitalism''. Weber asserted that Protestant ethics and values, along with the Calvinist doctrines of asceticism and predestination, enabled the rise and spread of capitalism. It is one of the most influential and cited books in sociology, although the thesis presented has been controversial since its release. In opposition to Weber, historians such as Fernand Braudel and Hugh Trevor-Roper assert that the Protestant work ethic did not create capitalism and that capitalism developed in pre-Reformation Catholic communities. Just as priests and ...
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Herbert Gutman
Herbert George Gutman (1928–1985) was an American professor of history at the Graduate Center of the City University of New York, where he wrote on slavery and labor history. Early life and education Gutman was born in 1928 to Jewish immigrant parents in New York City; he was deeply influenced by their leftism. He attended John Adams High School and graduated with a bachelor's degree from Queens College in 1948. During his teens and his college years, Gutman became involved in numerous left-wing and labor causes and worked for the Wallace presidential campaign. He received a master's degree in history from Columbia University. His thesis studied the Panic of 1873 and its effects on New York City, and focused heavily on workers' demands for public works. It was written under the supervision of Richard Hofstadter. Gutman later dismissed it as "boring conventional labor history."Kealy, "Herbert G. Gutman, 1928–1985, and the Writing of Working-Class History," ''Monthly Review,' ...
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The New York Review Of Books
''The New York Review of Books'' (or ''NYREV'' or ''NYRB'') is a semi-monthly magazine with articles on literature, culture, economics, science and current affairs. Published in New York City, it is inspired by the idea that the discussion of important books is an indispensable literary activity. ''Esquire'' called it "the premier literary-intellectual magazine in the English language." In 1970, writer Tom Wolfe described it as "the chief theoretical organ of Radical Chic". The ''Review'' publishes long-form reviews and essays, often by well-known writers, original poetry, and has letters and personals advertising sections that had attracted critical comment. In 1979 the magazine founded the ''London Review of Books'', which soon became independent. In 1990 it founded an Italian edition, ''la Rivista dei Libri'', published until 2010. The ''Review'' has a book publishing division, established in 1999, called New York Review Books, which publishes reprints of classics, as well as ...
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Cliometrics
Cliometrics (, also ), sometimes called new economic history or econometric history, is the systematic application of economic theory, econometric techniques, and other formal or mathematical methods to the study of history (especially social and economic history). It is a quantitative approach to economic history (as opposed to qualitative or ethnographic). Edward L. Glaeser"Remembering the Father of Transportation Economics" ''The New York Times'' (Economix), October 27, 2009. There has been a revival in 'new economic history' since the late 1990s. History The new economic history originated in 1958 with ''The Economics of Slavery in the Antebellum South'' by American economists Alfred H. Conrad and John R. Meyer. The book would cause a firestorm of controversy with its claim, based on statistical data, that slavery would not have ended in the absence of the U.S. Civil War, as the practice was economically efficient and highly profitable for slaveowners. The term ''cliometrics ...
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