Political Moralizing about the History of Slavery

In their book Time on the Cross: The Economics of American Negro Slavery, Robert W. Fogel and Stanley L. Engermen analyzed various elements of the slave economy including the role of slave traders from New England in the trans-Atlantic slave trade, the profitability of slave labor, and material conditions on Southern plantations including the health, diet, and general lifestyle of slaves.

Fumes of a Failed System: Bolivia’s Gasoline Crisis

Until June 2025, Bolivia was once again facing an all-too-familiar crisis: endless gasoline lines stretching for hours across major cities, rationed diesel distribution, and black-market prices that soared well above the official rate. Government officials call it a “temporary shortage” caused by logistical delays. But Bolivians standing in line for three hours under the sun know better. This is not a crisis of transportation, it is a crisis of central planning.