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Compiled from the latest research of leading historians and economic historians of slavery, these essays cover various aspects of slavery and its role in the development of the southern United States, Brazil, Cuba, the French and Dutch Caribbean, and elsewhere in the Americas. Some essays explore the emergence of the slave system, while others provide important insights about the operation of specific slave economies. Reviews of slave markets and prices, and discussions of the efficiency and distributional aspects of slavery, are also included.

This book brings together a number of previously published articles by Stanley L. Engerman and Kenneth L. Sokoloff. Its essays deal with differences in the rates of economic growth in Latin American and mainland North America, specifically the United States and Canada. It demonstrates how relative differences in growth over time are related to differences in the institutions that developed in different economies. This variation is driven by differences in major institutions suffrage, education, tax policy, land and immigration policy, and banking and financial organizations. These factors, in...