Econ 210a: Weekly Memo Question: Feb 12
Econ 210a: Weekly Memo Question: Feb 26

Econ 210a: Weekly Memo Question: Feb 19

Weekly Memo Question: Feb 19: Adam Smith confidently asserted that slavery was uneconomic--that in commercial society, manumission was the road to higher productivity because the carrot of working for yourself is much more efficient than the stick of being whipped by others. Was Smith right? If you conclude that he was right, does that mean that slavery is in general on the road to its natural extinction? And why is unfree labor such a common institution?

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