Since trade was not an engine, neither was a part of trade, such as the trade in slaves. And certainly the profits from the trade did not finance the Industrial Revolution. Imperialism, too, was a mere part of trade, and despite the well-deserved guilt … [continues; click title bar above]
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Deirdre N. McCloskey is Distinguished Professor of Economics, History, English, and Communication at the University of Illinois at Chicago; and Professor of Economic History, Gothenburg University, Sweden
Susan B. MacDonald, Editor
www.deirdremccloskey.org - website designed & built by susan b. macdonald - print date: Wednesday, 8 February 2012 - statcounter
