In 1860, the institution of slavery was as healthy as ever. Cotton from the South was bought at a good price, especially by the British. The cotton gin was working its miracles. For $800, one could buy a young male slave, and with him, a lifetime of hard labor. This wouldn’t pay a free white […]
Tag: Economics
A Conversation with Jewish Conservative Leaders from Michigan
Many questioned the reason why most Jewish voters tended to support Democratic candidates. David Littmann talked about the tradition of progressive radicalism originating from the French revolution and the immigration history of German Ashkenazi Jews and Eastern European Jews since the 19th Century. “They fled from Tsars and they wanted security.” On March 16 at Hutchins […]
Michigan Economists Oppose Proposed Minimum Wage Hike
Recently, two University of Michigan Economists, Jeffrey Smith and Chris House, have voiced their opposition to a petition to raise the minimum wage. This petition was released on January 14, 2014, and was signed by over 600 economists, including six University of Michigan professors. The petition called for a hike in the minimum wage from […]