Ep. 1478 New York Times Thinks Slavery Drives Economic Progress

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The New York Times recently announced its “1619 Project,” by which it intends to demonstrate that “nearly everything that has made America exceptional grew out of slavery.” Our friend Phil Magness points out that in its economics it relies on now-debunked statistical claims. Also, I discuss the bizarre phenomenon by which the left is now claiming that slavery is a highly efficient system that drives exceptional economic growth.

“A Comment on the ‘New’ History of American Capitalism,” by Phil Magness
“The Statistical Errors of the Reparations Agenda,” Phillip W. Magness
“The Left Argues Slavery Was an Economic Blessing. Here’s Why They Are Wrong,” by Robert P. Murphy

Book Mentioned

The Politically Incorrect Guide to Capitalism

Episode Mentioned

Ep. 1363 World War II Did Not Cure the Great Depression

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