8. The Civil War and the Growth of Government
8. The Civil War and the Growth of Government
Black reconstruction after the Civil War did much better than the dire predictions made. The black population recovered ... Read more
9 Mar 2005
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7. The Cost and Consequences of the Civil War
7. The Cost and Consequences of the Civil War
There was a sea change in money and banking in the U.S. as a result of the Civil War. Government became the primary regu... Read more
3 Mar 2005
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6. Inflation: North and South
6. Inflation: North and South
Inflation is a giant rip off, a stealth tax stealing purchasing power. Money is not neutral. The first receivers of new ... Read more
24 Feb 2005
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5. Confederate Blockade of the South
5. Confederate Blockade of the South
The Confederate government blockaded the Southern economy by bad policies like impressment and trying to run the blockad... Read more
16 Feb 2005
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4. The Rhett Butler Effect
4. The Rhett Butler Effect
Blockade boat owners turned to engines for speed instead of sails. Blockade running became more expensive as the blockad... Read more
9 Feb 2005
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3. The Union Blockade and Southern Strategy
3. The Union Blockade and Southern Strategy
Tariffs were generally favorable for the North and unfavorable for the South. They were a key political battle for forty... Read more
2 Feb 2005
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2. Economic Tools for Understanding the War
2. Economic Tools for Understanding the War
Opportunity cost is the proper economic basis for specialization and trade in resources. Opportunity cost is the highest... Read more
26 Jan 2005
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1. How Did the North Win?
1. How Did the North Win?
The Economics of the Civil War should instruct us in ways that the history of the Civil War might not. Cotton had much t... Read more
19 Jan 2005
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