Nixon to Moscow, slavery’s toll on the economy

My latest is up over at RealClearHistory. An excerpt:

Nixon’s anti-Communist credentials were so sound that he could spend political capital making inroads with Communist enemies. His actions were viewed as safe by the American electorate because, for better or worse, the public saw Nixon as somebody who would not betray American values at the negotiating table with the Soviets. Nixon’s hawkishness provided moral cover for America’s withdrawal from Vietnam, and its peaceful overtures to the two most powerful and aggressively anti-capitalist regimes in the world (China and the USSR).

Please, read the whole thing.

Vincent has a great review up on Robert Wright’s new book about slavery, too. It’s at EH.net, a website dedicated to economic history, and here is an excerpt:

All of these amount to the same core point, those who reap the private benefits of slavery are content with their gains even though they come at a larger social cost and they will work to find ways to drive a wider wedge between the two by shifting costs onto other parties. Hence, slavery as pollution.

More here.

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