FOGEL, Robert William, & Stanley L. Engerman.

£2,250 · Offered by Peter Harrington · No longer available

Time on the Cross. First edition, first printing, signed by the author on the half-title of each volume. The authors controversially argued, using sophisticated economic models, that American slavery was more economically profitable than previously believed, indeed more productive than free labour.In 1993 Fogel was awarded the Nobel Prize in Economics (along with Douglass North) for developing "'new economic history', or cliometrics, i.e. research that combines economic theory, quantitative methods, hypothesis testing, counterfactual alternatives and traditional techniques of economic history, to explain economic growth and decline" (Nobel press release).

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