Capitalism vs. Slavery...and The New York Times' 1619 Project

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When the New York Times launched its 1619 project last year, it sought to reframe the country's history by placing the consequences of slavery and the contributions of black Americans at the very center of our national narrative. What began as a series of articles and commentaries in The Times' magazine, had morphed into a collection of lesson plans for elementary and high school students, provoked an immediate controversy. Five of the nation's most eminent academic historians co-signed a letter to The Times describing the project as partly misleading and containing factual errors. And Northwestern University Professor Leslie M. Harris revealed that she had been a fact-checker on the series, and that her warnings of a major error of interpretation had been ignored. But Harris also took detractors of the 1619 project to task for misrepresenting both the historical record and the historical profession, writing that the attacks from its critics are much more dangerous than The Times's avoidable mistakes. Enter Philip W. Magness, an economic historian of research fellow at the American Institute for Economic Research, and the author of a new series of essays on the 1619 project. Though Magness has praised aspects of the series, he says that the project's editor, Nicole Hannah Jones, is guilty of blurring lines between serious scholarship and partisan advocacy, and he's called for the retraction of an essay in the series by Princeton Sociologist Matthew Desmond, which was headlined, "If you want to understand the brutality of American capitalism you have to start on the plantation." I spoke with Magness from his office in Great Barrington, Massachusetts, about what The Times gets right and wrong about US history, capitalism and slavery, Abraham Lincoln's legacy, and why interpretation of American history matters in contemporary society. Phil Magness thanks for talking to Reason. Thanks for having me. Let's start out the project, it's a collection of essays that you've been writing since the 1619 project came out you can get it at IIER's website what is the what's the basic nub of your critique of the 1619 project? Well I'd say the the impetus for doing this project was really taking a look at the reaction that was coming out of the 16:19 project when it was published back in August of 2019 and here's a very worthwhile topic that the New York Times set out to investigate with looking at the history of slavery contextualizing that in American Life all the way from they go basically back to Jamestown Virginia and trace it all the way up to today which i think is a very worthwhile story that needs to be told and quite a bit of the content of the project did that admirably but what immediately concerned me about it was the heavy ideological flavor that was inserted into several of the essays and particularly the historical pieces and their discussion of slavery and that ideological flavor was was almost over-the-top anti-capitalism there's no so I point to the matthew desmond essay in particular and that's kind of the you know i wouldn't say it's the only thing but it's it's a main part of you know what you find problematic about this series he is can you explain a little bit about what what is his basic argument and what does it get wrong about the role of capitalism and slavery yes so Desmond's argument is basically an origin story he's trying to claim that the origin of American capitalism and with that the Industrial Revolution everything that we've seen in terms of American economic growth from about the 19th century to the present is derivative of and directly connected to the legacy of slavery another way most famously he talks about how you know double book double entry bookkeeping accounting on the plantation gives rise almost to a be literally to microcell Microsoft Excel spreadsheets that it's all this continuous privation that is that is capitalist in nature and it started on a slave plantation and it's in you know office suites right now yeah basically an origin story and that's almost a direct quote from the essay he says that we can trace from the plant books in the early 19th century to Microsoft Excel today right and you know among other errors I mean he seems to believe that double-entry accounting started in the antebellum South what what are its origins and why does that kind of detail matter in this this is so much so historians of accounting I know there's a very dry subject area but that actually goes back to late medieval Italy the Italian city-states that were some of the early banking hubs of the European market exchange started to develop these techniques as a as a way to do their business and this is something that evolved over centuries of time long before the slave trade ignites in the Western Hemisphere long before the plantations are adapting some of these techniques but one of the points that I I keep making as a criticism of the 1619 project they're telling this origin story that links it to the plantations but you can go to almost any society from about the late Renaissance to the modern age and you find double-entry accounting taken place even the Soviet Union is is using double-entry accounting and we are claiming that modern industrialization came out of the Soviet Union so why the play do I have to admit that a couple years ago I interviewed one of the members of Pussy Riot and she was telling me I was like you know what was your experience of you know communism and she was like we didn't have communism we had state capitalism and she was saying you know that I she was a supporter of Bernie Sanders so her sure is talking about how like you know what they had in the Soviet Union was a communism so maybe there's some point to be said about that you talk about the new history of capitalism is the historical movement that Desmond and and much of the part of the 16:19 project or at least the part that deals with these with you know from Jamestown and the introduction of shadows slavery of you know a blacks in through the Civil War it rests upon this new interpretation this new historical school what is the the new historic history of capitalism and why is that important yes so the new history of capitalism was a movement that emerged out of the u.s. history profession mostly in the wake of the financial crisis so you start seeing its early origins around 2008-2009 and what these are are a group of historians mostly centered around the league Ivy League schools that have attempted to rewrite the history of the American economy and capitalism in general from a perspective that that really draws upon a critical approach to the institution of capitalism they play a lot of word games in the way that they even define the institution you have records of interviews and articles that some of the historians associated with this have made where you've asked them to define capitalism and they said well we can't really define it but then in practice it becomes capitalism as a stand-in for anything and everything they dislike about the economy so and you know one of one of the main claims of the NHC school or the new history of capital is school capitalism school is that slavery was absolutely the major economic activity or rather that the productivity of slavery accounted for 50% or even 80 percent of GDP in the and in the pre Civil War United States why is that wrong or had it how do we know that that's wrong and what what you know and none of none of this is to diminish at all obviously the suffering and misery and just the wrongness of slavery but you know what what's going on here you know I've referred to the new history of capitalism as the new king cotton school of history and that there in a way kind of reviving an old argument that was popular at the on the eve of the Civil War and that was that cotton made the world's economy turn cotton is so centric that if you disrupt Plantation slavery you disrupt this productive process the world economy will grind to a halt and we know the Confederacy kind of built its foreign policy around this argument it ends up being proven false by the war itself what they have believed and wrong well yeah the the central claim of it was that cotton was so essential to trade to finance to manufacturing to cross-atlantic transfer of goods imports and exports that anything and everything that you did in those industries would be disrupted if the the southern cocking supplied was cut off and you get from this some of the new history of capitalism authors in particular there's one book by a Cornell historian named bad Baptist called the haft has never been told and he does this weird back-of-the-envelope attempt to account for how much cotton production made up of GDP in the United States before the Civil War and he comes through these these steps of calculations and basically concludes that cotton made up half of the US economy well the problem is he defied all standard practices of how you do national income accounts when he came up with this so he double and triple counts all the different stages of other types of production some more realistic economic historians approach the calculating cotton share of the US economy would probably put it out between five and seven percent as opposed to 50 percent so these are guys that are basically reinventing their own proprietary form of economic methodology that's completely at odds with the field itself coming up with this ostentatious claim that just so happens to line with this ideological depiction of cotton as the centerpiece of the world economy before the Civil War you know one of the one of the kind of main lines of argument in the book is that historians are not very good economists right and and also and I want to get to the flip side of that which is that oftentimes economists are not particularly good historians and insider myself what what is going on I mean it seems strange in a world if any of us who have gone through graduate school in the past 30 or 40 years knows that the you know the main focus or or at least rhetoric and lip service has always paid to the idea of interdisciplinarity economics has become one of the if not the dominant social science one of the dominant ways of gathering knowledge how are our historians missing you know what's going on what's the disconnect there well that's the oddity of it because prior to about 2010 when this literature burst onto the scene it was actually fairly common for historians and economists to engage each other in the debate over slavery economists camp came at it with a very empirical data driven approach this dates back to the late 1950s when econometrics or they call it Clio metrics of mind to history jumped into the debate they they start to attempt measurements of how profitable was a plantation how efficient was plantation production and they're bringing accounting books to do this so this form of the literature developed from the late 1950s up until the present date it's probably one of the dominant themes of economic history it's something that anyone that studies that field goes through very intense debates over yet at the same time there are historians that focus more on narratives and archival evidence and you know personal accounts of what slavery was actually like have delved into the same literature that they do engage each other and from about the 1970s to the late 2000s this was a major recurring theme of historians versus economists sometimes they're on the same side sometimes they're it heads with each other but they're very engaged in the literature then this new history of capitalism comes along and one of the distinctive features is it has almost no attention paid in it to anything that existed prior to it you know it uses Cleopatra --xx or it supposedly looks at you know what counts payable and accounts receivable and things like that in the plantation to generate its conclusions yeah I see more so with cherry-picks from quite metrics it finds bits and pieces of data that seemed to fit this pre-existing story that holds up cotton production is the centerpiece of the world economy right and you know obviously lurking that's not even lurk I mean it's it's it's openly discussed but a book like time on the cross which came out in the mid 70s and was kind of the high-water mark of I mean it it helped change the historiography of the South have salive experience but at the same time that which was written by Stanley Angermann and Robert Fogel who ended up winning a Nobel Prize in Economics it was partly done as a demonstration project to show how history could use economic analysis and economic data to kind of understand things better can you talk a little bit about the argument that was going on in time on the cross and how that kind of just gets ignored in your reading by the new history of capitalism historians yeah so time when the cross comes out in the early 1970s and it's a culmination of a little more than a decade work this clea metric work coming together we really started about 1958 there were two economists at Harvard Alfred Conrad and John R Myer that published a famous article in the journal of political economy that says let's try and measure the efficiency of the plantation and this really challenged an older notion of plantation economics that thought of of the Old South has been kind of this inefficient relic of an earlier feudal stage of economic development that was bound by its inefficiency to eventually dissipate and what these clea nutritions do and when Thurman and Fogel was they they build the evidence together they they actually show that slave plantation systems were able to produce economically profitable outputs that would have sustained the institution much longer than we actually realized because of the civil wars disruption right and and they were widely attacked or critiqued at the time from you know I their economic analysis was taken as some kind of justification for slavery or that slavery was a legitimate system that isn't what they were saying right right trying to show is that absent some kind of massive disruption whether it was legal or cultural or martial slavery was not going to disappear under its own inefficiency yeah and you find that in especially Fogel subsequent work now when they publish time on the cross it is written in a and sometimes very bombastic style and in some of the cases that were critiqued they overstated their evidence even though they're actually trying to bring new evidence to bear so it's not a perfect work by any means but what you find in their later work is a very clear acknowledgment that yes this is a horrific institution it's a it's horrific economically and in its physical presence its moral presence but nonetheless we have to see how it actually operates to understand the wickedness of it so that that's very clear in that literature and I think some of the the more tempered historians that engaged it realize that and realize that even if they diverged in their own interpretations this is a conversation worth having but that's all flowing out the window now part of part of it though it I guess this shows up again in the the new history of capitalism crowd is that various historians started to say well you know some slave or at least some slaves kind of envision themselves almost as wage laborers and a competitive you know in a free labor economy you know and there were stories where slaves would hold out for higher wages or better work situations and things like that you know does that is that part of what informs the anti-capitalist bias that we're seeing you know post you know in the past ten years of history I think there is an element to that behind the anti-capitalist bias although we know from Frederick Hayek he was writing in the early 1950s he points out that there is a pervasive anti-capitalist bias in the history profession that existed back then this is before time on the cross this is before clea metrics so in some ways I'd argue that it's even the it's a residual that's carried over just taking on a new form what is the you know what what is the main reason for that why why would historians you know be anti-capitalist especially you know I mean because there you know there's people and we both know Deirdre McCloskey for instance an economic historian who you know makes a persuasive case and has her life's work is basically been to show that the rise of industrial revolution and the liberating effects of capitalism you know helped free people not just from drudgery and and disease and one happened to be able to express themselves and live in in a varied world like why is that kind of the bizarre outlier position as opposed to the dominant one in the history profession yeah my own take on this is a combination of being detached and separated from economic methodology these are scholars that really do not have the even a basic functional understanding of what capitalism is or does and are certainly not informing themselves we see that in the in the example I gave with Ed Baptist and basically reinventing GDP stats that's not an ideological question that's a methodological question and he's just out Lynch he doesn't know what he's doing so there's that element but I think it also combines with just a general left-of-center political disposition that's existed in the discipline for a long time of history but has also gotten much more pronounced in recent years of you know historians do we've leaned politically to the left so you combine that element of ignorance with an existing political bias you start to come at historical topics in a way that confirmed that that existing bias you start to look at instances of slavery so wait a minute that's capitalistic therefore slavery was capitalism there for all my biases against slavery against capitalism today are confirmed in slavery and it's almost you can argue I point out in the book that many of the many of the contemporary historians will talk about income inequality of the Occupy movement or something related to the financial crisis or or moments that are taking place right now and they kind of work backward to say this all started with slavery one of the ironies you pointed out that you know in many ways these guys are replicating the King Cotton thesis which was actually a function of the left it was people to face the Confederacy defending slavery one of the other you know kind of strange ironies is that the you know it was slave owners hated capitalism or rather slavery apologists could you talk a little bit about that and why that isn't you know coming up more as it should yeah so on the eve of the Civil War probably the single most prominent defender of slavery in America was this fellow by the name of George Fitzhugh and he wrote two books sociology for the south and cannibals all in the 1850s as a prominent writer into vowels review which is the leading southern magazine at the time but the recurring theme and Fitzhugh's argument is that what we would call laissez-faire theory or capitalism today was an existential threat to the plantation slave system one of the reasons he says this is he's looking overseas to the British abolition movement and seeing who's involved in this so if you go back to the 1830s and 1840s the leading figures of the British abolition movement are also very closely connected to the free trade movement is Richard Cobden and John bright the guys that are responsible for the repeal of the Corn Laws in 1846 or are also outspoken abolitionists so he sees that there's a historical unity between what we would call free-market or classical liberal capitalist thought at that time in anti-slavery thought and he thinks that markets are being brought to bear to out-compete and and make slavery obsolete disobey is basically his argument he thinks that that capitalism or laissez-faire theory he even goes so far as to say is that more with the slave plantation system why because it's disrupting the social order even comes up with what we would call a proto Marxist argument that says that slavery is superior to competitive free labor because competitive free laborers are exploited and denied of their surplus value of their labor by the evil capitalists so this is writing about a decade before Marx does he essentially comes at it from a pro-slavery angle but comes to the same conclusion so we see this throughout Fitzhugh's work a very pronounced explicit anti-capitalist position but it's also a pro-slavery position right and and that also fits in well with a kind of cultural reading of the antebellum South and actually even the post-civil war south or the whites premises dimension of the south these were not people who liked cosmopolitanism they didn't like cities they didn't like capitalism they didn't like trade I mean they didn't like a lot of things that are identified with capitalism because it was disruptive to a kind of hierarchical static Society yeah and the King Cotton theory of economics is premise taun the notion of essentially like a replicated feudal estate where you have the elite on top you have the the lords of the estate which are the plantation owners and then James Henry Hammond who's the guy that coins King Cotton theory and a famous speech before the US Senate he announces that the the proper economic social order is built upon what he calls the mudsill and the mudsill is the bottom rung of society the laboring class that allows delete intellectual leaders which he saw himself as to live the good life and to develop culture and to develop an intellectual pursuit separate and apart from the the menial tasks of labor but his premise of this economic system is you need someone to do the menial tasks and the slaves are there to do that so it's a it's very structured hierarchical way of looking at the economy that that verges sharply from everything we know about free labor and competition and people choosing their own course in life people exercising their own agency and deciding where to work it's he wants a top-down directive being offered by the almost paternalistic Lord of the estate the plantation owner that tells the working-class where they're wrong is and society and what they have to do right and you can see that in got a proto socialist like Thomas Carlyle absolutely in certain had a backward-looking Marxist theorists who look back at the Middle Ages for instance and love it because even though you know not everything is you know not everybody is equal or anything like that everybody has a place and an order in the respected as somehow being integral to a society as opposed to a capitalist society where you know the Machine just kind of like you know the wheels spin off and all kinds of weird stuff happens yeah you have someone like Thomas Carlyle so Fitzhugh is a student of Thomas Carlyle great admirer he takes the title of one of his book cannibals all from Carlisle's diagnosis of the irish lower class during the famines he says that this is similar to the slave situation there like the Irish peasants basically so you have a disciple of Carlisle that's curing for this ante market bias and we see this too taking place in a dialogue across the Atlantic so Carlisle's famous he coins the term economics is the dismal science because economics wants to free the slaves wants to emancipate the colonies well you see someone like this you picks that up and runs with it and says yes this is also true in the United States the dismal science the science of Adam Smith and Richard Cobden and John bright David Ricardo wants to liberate the slaves of the south so when one of the most glaring passages in his book just says I want to displace this political economy of freedom I want to toss Adam Smith and jean-baptiste say and all of these great liberal economists into the fire and replace it with this paternalistic kind of feudal approach to an organized society in its economy you know if one of the major misunderstandings then and and you know in the part of your critique of the 16:19 project is that it misunderstands the economics of slavery and and the larger kind of set of issues and and realities that come out of that another big part of it has to do with the work by the editor of the project nicole Hannah Jones could you talk a little bit about what her primary mistake is as you say it in that work what was that right so Nicole iana Jones wrote what could be considered kind of like a synthesis essay of summarizing all the purposes of the project but she also takes on the main treatment of the American Revolution and covers basically the period from about 1775 through the Civil War there's a big focus in her essay and one of the claims she makes and this is the one that got her into trouble with all these prominent historians she claims that the American Revolution was principally fought to protect slavery against the British and this comes about from a way I would argue is a very poor miss reading of bits and pieces of the evidence of what's going on in the anti-slavery scene on the eve of the American Revolution there were two events that happen one is in Great Britain proper there's a famous legal case that frees a slave that's brought over from the colonies into England basically he's petitions for a writ of habeas corpus and the judge grants it to him on the grounds that he was being held against his will and in England when there's no law on the book that establishes slavery to hold them there so this is a major victory in the sense that it triggers the British abolition movement this is 1772 so she says well wait a minute abolition is emerging in Great Britain that's true but she also mistakes that for a motive in the colonists when they revolt you know four years later start to resist the crown she makes this argument that the 1772 decision and the British courts was now seen as an existential threat being carried over to the American colonies which is not true but also so it's kind of like if America doesn't break free of England or of Britain Britain is gonna outlaw slavery exactly exactly so obvious of what you know why is that obviously wrong all the the first and clearest point of evidence is Britain does not outlaw slavery in its own remaining colonies for another 50 years of the American Revolution it's not until 1830 that that Britain really starts to seriously consider emancipation in in its Caribbean holdings all of its other colonies around the world and that comes about after a 50-year legislative slog we have the first evidence it's in I believe it's 1789 is the first attempt to have a serious discussion about just outlawing the British slave trade in Great Britain proper it takes an almost 20-year battle before that bill even passes Parliament so there's very little evidence that Britain was on the precipice of abolishing slavery in the colonies and quite a bit of evidence to the contrary now the the times has made a minor you know kind of concession on this how did they change the language that they used to talk about that point and you know what does that say about their in your mind their commitment to to the truth you know yeah so the original version basically stressed the preeminence of slavery is a Kaunas of precipitating the American Revolution and they back down it was just a very very minor editing of the text that basically changed it from a preeminent cause to a cause considered by some members of American society and that's a there's a it's a more tepid claim but there's a little bit more evidence that you can say behind that because there are instances of resistance among the Patriots among the American colonists when various British officials try to offer freedom to slaves in exchange for fighting in the white West armies right so it's also telling in those cases it's always you know if you're fighting for the loyalists and you're being held by American patriots well free you but if you're owned by loyalists forget right right there so this is a caveat it's put into the famous proclamation it's called a war Dunmore's proclamation comes out in late 1775 he's the governor of Virginia and he's basically on the run from the the emerging rebels at the time so as his last-ditch effort to hold on to his rule as he says I will free any slave that belongs to someone in rebellion that comes over and joins my army oh by the way any oil a slave owner is exempt from this right so now you know you do say you know yeah I mean you're not you're not just panning the 16:19 project and you say you know it has a lot of good stuff in and I want to get to that larger question in a second but just focusing on Nichole Hannah Jones a little bit more you do say that her reading of Lincoln is an important one in that it brings nuance that oftentimes gets dismissed in kind of discussions of Lincoln can you talk a little bit about that yeah so this is one area that I've credited the project of being more right than wrong or more right than the critics so what Nicole Hannah Jones does is she attempts to contextualize the American Civil War from the african-american perspective which does chafe with kind of the more standard history that views Lincoln as the great Emancipator who comes in and and benevolently extends freedom to the slaves so one of the issues she explores is what what was Lincoln's thought on a post slavery Society what would a post slavery United States look like and the best evidence that we have including evidence that I've worked on as a historian directly is that Lincoln had a very conflicted viewpoint he is absolutely in favor of ending slavery he absolutely sees it as a moral cause and he acts like that in very bold ways that I think we should be forever thankful for yet at the same time he's fearful that a post slavery United States a multiracial United States will descend into political violence and part of that fear leads him to start entertaining ideas such as do we attempt to relocate the freed slaves abroad this is the old idea of send them back to Africa send them to Liberia and during the Civil War Lincoln adapts this idea says well maybe we can acquire property in the Caribbean and South America and use that as a locale to set all the freed slaves on Sonoco Leanna Jones pays attention to this she brings this integrator notice then many historians have been willing to do because the standard approach to treating colonization it's it's often seen as like this this footnote to this aberration in Lincoln's legacy that he may be toyed around with but I'm ultimately moved beyond and abandoned and therefore we can't really judge him or evaluate him against us she says no wait a minute this is a complexity that shows this isn't like the great white savior stepping in this is actually a practical politician who is wrestling with some ideas and it actually took them in in directions that today we consider morally fraught even though he does generally good on the whole in freeing slaves he's very conflicted on that you know what you know part a part of your critique is that it it's not that third trying this that you know that The Times is doing the 16:19 project but that they toggle back and forth between trying to be serious scholars and they have you know half a dozen you know historians none none of the period that we're talking about from the colonial period through the Civil War but they have you know real advisors going on and people contributing to this but so on the one hand they're they're making ciri or they're attempting to do serious work in a popular venue and then on the other hand it's just kind of the worst sort of present test advocacy you know and it's like this is what I believe now and so I'm gonna rummage through the past and create a genealogy that completely authorizes everything that I believe in and I create a hero you know I create a pantheon of heroes and I create you know a cast of villains what you know talk a little bit about that and about your interactions both with Hannah Jones as well as the editor of The Times Magazine how does that make you feel like I am een are they are they on the up-and-up or are they kind of Fairweather scholars yeah I think they have enlisted scholarship very inconsistently across the project you'll notice that you know this is a massive undertaking it's a magazine with like 20 25 different articles in here from all sorts of different articles authors and it's only a small handful of them that have received this backlash received this criticism the other works in there are probably best categorized as popular representations of the author's scholarly work it's a distillation for the New York Times readership of things that would appear in an academic journal article or a book and that has not been criticized because it's it's it's probably pretty high-quality representations of what those authors were arguing but you've got these three or four pieces the matthew desmond one there's Nicole Hannah Jones as lead essay and then one or two others that have really blended the law lanes between scholarship and advocacy and this is where you start seeing claims that capitalism emerged from slavery and we see this today in the criticism of Obamacare or we see this today in the fact that Republicans are resistant to raising taxes for redistribution purposes so it's a very present ISTA Genda that's projected onto historical scholarship and I think very unfortunately to the project The Times has dug in its heels behind these political and ideological insertions into the historical narrative and that's dragged down some of the quality of the other work in there so my own interactions with Nicole Hannah Jones right after this is published I was one of the first scholars to engage the 16:19 project particularly Preity King Matthew Desmond's piece and that included both some Twitter back-and-forth with Nicole Hannah Jones and a few letters that I wrote to the editor of the The Times magazine pointing out factual mistakes and Matthew Desmond's piece and in both cases I found not only a willingness to adhere to kind of this ideological line but there is almost like an encourage ability to even budge in the slightest and recognizing that you know they had overstepped scholarly boundaries and moved into this advocacy politics in ways that really wasn't supported by the evidence so for example I asked The Times editor to correct a few claims in the in the matthew desmond piece which i spell out in the book spell out as an essay of why it should be retracted and the response was was kind of to brush it aside it was to come up with excuses for why i would say a very clear misrepresentation of evidence that he engaged in was nonetheless permissible because it fit with the broader narrative which they considered to be true at the same time in nicole hanna Jones's case you know she very heavily relied on this new history of capitalism school the thing I pointed out to her right off the bat when this was published was just how contentious this school of thought was among other historians and among other economic historians who have blasted that you have been very devastating in some of their critiques and she against absolutely no awareness that there was even this dialogue going on within the academic literature which shows up I think I counted it up there were seven different scholars that are cited in this one article on the history of capitalism in slavery and all seven of them are connected to the new history of capitalism school no one else from outside of that school so you're you're basically cutting off the scholarly conversation and she seemed entirely unconcerned by that you know let's talk a little bit about Lincoln and libertarians you know your your take on Lincoln is is very nuanced Lincoln looms large among many kind of you know actual economists or historians of a libertarian bent it's a particularly terrible leader you know he's the American Caesar I mean it's a it's a kind of Regis Edmund Wilson's old you know attacks on Lincoln from a left-wing perspective in the thirties forties why is Lincoln singled out among libertarian historians or you know and and and then you know people at the you know you know at Lew Rockwell calm for sure you know the von Mises Institute Ron Paul never has a good word to say about Lincoln what's going on there yeah my own take on Lincoln is a very nuanced I rate him cut in the middle of the pack of the presidents there's some very good things he did obviously connected to emancipate enslaves I I think his government their governmental style is approached during the war involves some instances of mismanagement you know we always hear about the suspension of habeas corpus is something that really rubs libertarians the wrong way and I think there are valid criticisms of Lincoln in that sphere what I think that literature does that goes kind of off the rails in some cases are really over states its case and in some of the instances is they tend to project backwards on to Lincoln the effects of the evolution of the American state in the 150 odd years since his presidency so there there there are very genuine concerns that we see in the 20th century about the erosion of federal and the emergence of a very top-down regulatory state on the federal level a lot of this comes from Woodrow Wilson and FDR in particular but the claim is made that they're building on the blocks that Lincoln provided them through the course of the Civil War so it's almost like a present projection backwards for the libertarian sphere as well we're unhappy with the legacy of FDR and one of the inclinations is to look back in history and say where did this start well there's certainly political rhetoric on the progressive left that tries to claim Lincoln as one of their own but everybody claims a claim Washington Lincoln and you know what is the the racial dimension there or the slavery dimension because you know one of one of the odd things is that when people start to talk about Lincoln in many of the same people who are arch critics among libertarians will also say that the Civil War was not fought in any way shape or form over slavery and that was it was really about taxes or about trade policy and and that in order to believe that you have to deny all of the evidence of the southern slates southern states seceded from the Union and all of them in their documents said we are doing this because of slavery not because of taxes or terrorists you know what do you think is going on there yeah and it's not just the seating because of slavery it's deceiving because they viewed the election of Lincoln as an existential threat run to public federal subsidies to hold up the institution of slavery you read these declarations they're furious that Lincoln may undermine the enforcement of the Fugitive Slave Act which is basically like this big government federal scheme to throw money into sitting sending these these slave patrols out to round up escaped fugitives well you and I mean obvious I have perhaps most famously in the cornerstone speech by Alexander Stephens the vice president of the Confederacy says you know the you know slavery isn't incidental to the site it's a very cornerstone and like you know a racial hierarchy in which white you know smart white people are at the top dumb white people are somewhere in between black slaves are at the bottom that this this is the society capitalism industrialism all of this is a threat to it um what you know do you have a theory of what explains that you know that weird fixation among libertarians yeah again I think it's a case of present ISM and it involves almost willfully setting aside evidence willfully setting aside historical evidence to try to rationalize or make the story fit for the explanation that they want to offer to to tell why FDR was successful in implementing the New Deal to tell why the income tax exists today or why the Federal Reserve existed today so you have this litany of policies in the present day that libertarians I think with reason find objectionable and they want to fight an origin story of tracing it back to the Civil War and that makes them more willing to set aside evidence that conflicts with that origin story or try to emphasize well well maybe the Civil War was caused by tariffs you throw on top of this and there's some complexity to it the Confederates were very effective propagandists for their cause they knew during the American Civil War in Britain in particular that a lot of the abolitionists a lot of the people like Richard Cobden and John bright were sympathetic to free trade they knew that the abolitionists were sympathetic to these pro-market arguments because they had been arguing them for years Cobden is like a pen pal with Charles Sumner one of the abolitionist senators who's famous and that errors with the leading voice of anti-slavery in the north but the southerners see this and they're on a quest for diplomatic recognition or trying to keep Britain either out of the war or even get it to come into the war on their side against the north so they really play up these explanations that are saying this isn't really about slavery this is about tariffs or taxation so we have this historical record of what's essentially pro-confederate propaganda that was offered to try and dupe some of the foreign powers into coming into their side during the war and unfortunately I think a lot of libertarians have seen that they take face value and tried to elevate it to their own narrative you you know you've also written you were a vocal and I think particularly effective critic of Nancy McLain and her book democracy in Chains which you know essentially said that libertarianism and and things like school choice the idea of school choice is a neo Confederate plot and she picks up on a point which I think people in the libertarian movement were always kind of slow to which is that you know in the nineteen fifty-five essay that Milton Friedman wrote talking about school vouchers for the first time he does mention you know kind of what was brewing as massive resistance in the south to create that essentially a voucher program so that whites could say in segregated schools in the wake of Brown versus Board of Education you know what it what is the effect do you think on this kind of linking up of Confederacy in certain cases anti Lincoln rhetoric and the modern libertarian movement when Rand Paul you know announced too that he was going to run for president which he has only been on the Rachel Maddow Show he immediately you know got embroiled in a conversation about how you know the Civil Rights Act was but you know the real problem with it was you know that it meant that you couldn't have segregated lunch counters anymore or something like that hates there's something I I don't know any libertarians you know who are racist or are you know apologists for a segment you know my state segregated society but it keeps coming up what you know can you talk a little bit about this and how do we clarify what's going on in a way that allows libertarians to stop having to explain things that aren't actually part of their legacy yeah I worry that quite a bit of this comes out of just a natural contrarian ism contrarian ism against which the official history or the that the standard dialog and quite a bit of that takes the form of trying to be too clever by half it takes the form of oh I'm going to offer an edgy take that may sound like it chafes with conventional wisdom but it also ends up being a tone deafness to some very real struggles you know my counter to that is I urge any and every libertarian listener reader out there to is to investigate your own history investigate the history of where classical liberalism came from rediscover people like Richard Cobden or or even go back to some better known names like Frederic Bastiat go back to the lesser-known works of Adam Smith you find explicit abolitionism running throughout all of these works that is a classical liberal cause possibly the preeminent cause of classical liberals in the 19th century before the civil war is ending slavery and we've kind of I wouldn't say jettison that we've just set it aside and forgotten that legacy is also part of our system of ideas too there is you know I guess there's a sociological dimension to this in that you know Barry Goldwater for many people and I know you know older libertarians will talk about kind of being activated into politics in the sixties by Ayn Rand and and Barry Goldwater and Barry Goldwater who by everyone's account even his critical biographers will say you know this was not a guy he was a racist or anything but there's no question in 1964 he rolled that way and he you know that that creates a kind of toxic Junction I think that hasn't been fully kind of excavated and worked through I suspect by libertarians you know I think unfortunately what we saw in the Goldwater movement is you know you have a he's a very intellectual candidate he's a guy that thinks about ideas very seriously he surrounds himself with advisors than or you know when we consider well-known libertarian figures today as Carl has it's Warren utter it's a very prominent thinkers intellectuals but part of the struggle that comes out of the Goldwater movement is you know if you're running for political office you want to win and I think unfortunately he tapped into a current of votes that happened to be the deep south right it happened to be the the Gulf Coast states that are involved in this either massive resistance against desegregation or that gravitate to him not because of the intellectual message he's put forth because they they see him as a vehicle to fighting back against the Civil Rights Act yeah you know you mentioned about you know kind of uncovering or reading your own history and developing your own history talk a little bit about the benefits of the 1619 project which is spur you know i we it's it's interesting i I have two sons who were once 26 the others 18 and all they have been taught is a kind of revisionist history which has now the new kind of conventional history I was taught something going to school in the 70s and 80s I was thought of it was different than the history of my parents who went to school in the third floor you know so it's always changing but what is one of the benefits of saying you know what America didn't begin in 1776 or 1789 or whatever it begins in 1619 you know what is what's a positive outcome of that well I think if it directs more readers to start to investigate the nuances and complexities of the history of slavery I think there's a there's been a tendency for as long as we have been teaching history in schools to approach slavery in a very superficial level and this is whether it's the current narrative which does focus on slavery but focuses on it as a very simplified version of the topic the slavery was evil which we I think pretty much everyone acknowledges but but it doesn't go deeper than that surface to figure out what's actually going on whereas if you went back a few generations there's kind of this lost cause projection on the slavery especially in the southern states that try to sugarcoat or gloss over it or minimize it so it's again a very superficial type of an argument even though it's in the complete different direction I do think that there's some benefits of something like the 1619 project or at least in its idealized version what it set out to do is say what spoke a little bit deeper what's get into some of the complexities especially what the American Revolution you know my calendars are something like Nicole Hannah Jones who who offers this this version that places slavery at the center of the American Revolution I would argue we need to study the American River lucien as a an engagement with slavery that cuts across both sides of the war there are pro-slavery and anti-slavery figures on the Patriots are calling aside there are pro-slavery and anti-slavery figures on the loyalist side and the British side during the war so it's not like this black and white dimension rather it's something that is is playing out in a way that cuts across both sides of the war at a time when the question of independence is being fought and hammered out so there's no cure history and on the on the eve of kind of rise of the Industrial Revolution and what we would think Tennessee is a more contemporary or a modern version of free labor of the idea that that a worker could choose among competing employers that employers would have to actually you know strike fair bargains or be held to bargains with workers and things like that it you know for me one of the I what I found interesting about the 1619 project as it was announced was also that I started thinking about my version of American history and I want to ask you about yours of like you know we bring personal stories to this and in many ways my grandparents who came over in the 19-teens were all immigrants from Ireland and Italy and in a lot of ways my American history really starts in the 19-teens you know are at least with any kind of personal connection to it if you're an African American if you're black it does start with 1619 and it is a grim history and again and again the contributions the you know much of American culture and society and wealth has been built on the backs of blacks and it wasn't acknowledged properly so it's interesting for me it started me thinking about okay how do I conceive of America and how is my America different than somebody else's could you talk a little bit about your you know how your personal history or your family history kind of influences your interest in various topics and also your intellectual journey how do you you you have a PhD in its in public policy yes I'm right yeah from George Mason and George Mason you know is named for one of the most bizarre and interesting and kind of complicated contradictory founders but you know talk a little bit about Phil Magnus where you come from and how that informs your intellectual journey and and your areas of interest yeah you know it's my family is probably a lot like your family's story my mother is an immigrant from Canada her parents came from England in Ireland so first generation and then another first generation my dad's family half of it came from Mexico at the turn of the century the other half of it has been here since the 1600s so I've got a little bit of a stake and almost every type of story imaginable I can't claim to be you know someone that's old it's latched on to this one specific version of American history that starts in 1776 that's just not my family story but at the same time I'd say my approach to to history diverges from quite a bit of the profession and quite a bit of the popular narratives in the sense that I I don't tend to see history as like this predetermined evolving story where where there's an in-game of where we know where we're going rather it's a it's a succession of events that are unfolding in almost unpredictable ways based on the circumstance at the moment this is where I think we start to see inputs of something like public choice theory really weighing into our understanding of the past it's not a grand unifying theory of the of the universe or of the way that historical events play out rather it's a system of tools to understand and interpret and in a worker way through evidence to figure out what's going on often under the cloud of uncertainty so Abraham Lincoln's the classic example when he ascends to the presidency in 1861 when he's inaugurated he probably has no idea that just in the course of two to three years he was going to be emancipating the slaves he's going to be signing the Emancipation Proclamation it's rather the course of events that unfolded before him that make that possible so there's not like this that this grand arc of history that's driving toward this inevitability rather it's a person reacting to the uncertainties and circumstances at the moment you know you you mentioned public choice which brings us back to James Buchanan which you know brings us to among other things the Nate's a MacLean art you know argument against you know that Buchanan was actually an agent of white supremacy which I think is untenable and has been shown to be so whether whether or not that affects whether you know if her interpretation wins out or not is a totally separate question but it seems to me that one of the problems with a Buchanan kind of view or a public choice view is you know it's economics without romance it's history without romance it's everything without romance and in that sense it's a very corrosive way of looking at history because you can't have kind of those grand narratives or idealism goes out the window do you think that that's part of the reason why certain elements of kind of libertarian thought you know they may end up forming a very powerful critique and certainly you know I've read a public choice layer by backgrounds and literary studies and I was reading Foucault and you know the way Foucault talks about how power operates in the way that Buchanan and Gordon Tullock and other public choice there is do it is almost identical sure which is that we tell these stories you know and they can be the stories about oh you know here's a great wonderful entrepreneur who just wants to help people where here is a great public servant who what just wants to help people here are doctors here's a medical industry that just wants to help people know you know both Foucault and the public choice people seem to say we have to look deeper and we have to look at what's actually going on what are the motivations and what are the effects on people do you think that that's one of you know it just makes it harder for a libertarian narrative or a libertarian rhetoric to really become you know mainstream because it it's you know it's it's a pretty punishing ideology in that sense yeah I think in a way we're all arguing against the legacy of someone like Thomas Carlyle who we know his history which is great contribution to historical study and understanding as he pauses the great man theory of history that there are our vibrant leaders that emerge over time and this could be a napoleon bonaparte it could be an oliver cromwell you know carlisle has his own people that he does latch on to and they tend to be some pretty ugly pretty awful tyrants of history but there are adaptations that could go in any direction this isn't why we like to tell great stories about George Washington or Abraham Lincoln or FDR we like to have history that's built around presidents that we can prop up as heroic or on the other side is to find as buildings so it's a very Manichaean approach that tends to infiltrate just the basic conception of history in the public's mind and I think we're almost at a disadvantage of having to go against that because people like to root for a leader or they like to root for a good guy or at least root against a bad guy and you know as libertarians as classical liberals or it's even more so as good evidence-based empirical thinkers the necessity of our approach is going to add complexity it's going to add nuance is going to add ways that are not easily summarized in a grand narrative story and that makes it automatically harder for us to carry that type of a message it also makes us more susceptible to criticism in the fact that we're not offering an alternative to the great man that's favored by someone else whether that's on the left or the right yeah and if we're being intellectually honest and serious we're also not offering a version of Whig history right for anything where well you know this is the best of all possible worlds and we're just going to tell you a just so story of how we got to exactly this place in time where everything is perfect you know one of your your previous book before the 16:19 project critique is cracks in the ivory tower you can read it with Jason Brennan of Georgetown this is I think very early in the book and I believe I'm quoting accurately here you you you guys say you know this is a book about academics or academia without romance it's right what is what's the main theory of cracks on the ivory tower and why is it important that's our main argument is that institutions matter and if you throw just normal people into an academic situation they're going to respond to the institutional structures and the incentives that those create so what that means for higher education is we have a very well-funded vast system it's a it's basically a trillion dollar enterprise unto itself if you if you start looking at things like student loans that are out there and the amount of money that goes into it it employs millions of people and affects millions of students but the incentive structures of higher ed are often misaligned from the purposes that we say we have the university system so you ask a typical College administrator a professor why are you doing what you're doing it's always this public-minded high level worship we're creating an educated society or we're molding better citizens or we're empowering people to to tackle the world and improve themselves so very lofty high-minded rhetoric and goals that I think we'd all aspire to but then you juxtapose that to what higher it actually delivers and you see it falls short on most of these problems doesn't often far short of some of the more extreme promises so we basically ask the question of what's going on in the university system because we know we hear all the time that there are problems there are budget shortfalls or tuition skyrocket kids are burdened with that there's too many students there's not enough students exactly I mean if you study the history of the university yeah you know just in the 20th and 21st century it's just the history of lurching from crisis to crisis exactly exactly and you know so did the standard approach that if you read the Chronicle of Higher Education they they follow these grand narratives that are built around what we call Terk ice-t's in the book universities are in financial crisis right now because they're being corporatized universities have a student loan crisis because neoliberalism moved in and what's a poltergeist it's this evil malicious entity that tears up the room and makes a giant mess in its wake but poltergeists are also not real they're spiritual entities so it's kind of like this academia tends to latch on to concepts as scapegoats for all of its problems but if you dig beneath the surface you find a much more mundane explanation of misaligned incentives and people just acting like rational human actors your own self-interest yeah if you if you reward people for acting poorly you shouldn't be surprised when they when they do you know one thing I wanted to ask you is you know you're an academic you have a PhD you are but you are not in academic right or you're not in academia I read a lot in a lot of my friends that I went to grad school with you know some of them went on to be tenure track or tenured professors others faded out of the industry altogether others were adjuncts you know why why did you choose not to become a full-time professor and is that is that a cause for tragedy I mean like you and I I feel because I spent a lot of time earning it I feel compelled to always bring up the fact I have a PhD whenever I can I chose not to go into academia my ex-wife is a is a full professor at Chapman University as we speak a lot of my friends from grad school are you know in academia and not in academia I chose not to I'm kind of happy with and I feel like I learned a lot in it why didn't you become an academic and is that a failing of the university system as it currently exists or is it a choice on your part or is it something altogether different I would categorize it on my own sense as a personal choice so I spent the better part of a decade one way or another you know working in academia I taught college taught economics full-time for a while i tailed jerry's administrative post adjunct it taught part-time did all of that game and i think it was very fulfilling at the time I enjoyed it I enjoyed being in the classroom but I also found that the way that you know academic hiring is structured the way that promotions are rewarded someone who does the type of research that I tend to do which of I think I've been fairly successful at it getting published at getting meaningful contributions to a wide variety of literature out there in print but the type of research that I tend I tend to do is not something that is prioritized for a whole number of reasons especially at what we would call elite research universities so it came down to a decision whether I teach like a four or four course load which can be very fulfilling in its own right versus having time to do more high end research so I did the former for a little while and and then migrated into the ladder to where so my current position is as basically a hundred percent devoted to researching the topics that I'm interested in doing that with a an independent research institution so we're very fortunate in that regard but I have found that fulfilling even though I do miss some elements at the class radio' I died you know there's I think you know the and I know that in cracks in the ivory tower you point out that it is a vast oversimplification to say that the tenure track model is disappearing from the university or from all universities that is not and it is also true that that if you can get a tenured position somewhere it is an incredibly sweet gig not because not not because you don't do work but because you have so much autonomy and time to do you know the type of work and research that you know that people would love to be able to do if you're intellectually lined it that way do you feel that the university system is in a particular era of transition now and again I mean I'm mentioned before if you go back and you look at you know pre World War two post World War two post about 1970 when women you know by the early 80s women there were more women attending undergrad institutions than men that had a change the levels of state funding the you know the the desire kind of the social desire to have more educated people we've constantly be going through you know paroxysms of of change transition etc do you think the university is in a particular you know particularly strong moment of change and if so how does because you know as if I'm going to mention that I have a PhD I think I also feel that I need to say we're talking you know remotely because of the currents and the lockdown and the quarantine which among other things I shut down every College in the country you know now how is that going to change higher education but I'd so to simplify or is the university in a particular moment of change now that's one question and then how do you think the corona virus changes higher at or maybe it doesn't yeah yeah so prior to the corona virus I would have said that universities are continuing to evolve on more of a path trajectory than a disruptive trajectory okay so I can't predict exactly how long this is going to last and what moving everything online is going to do but what I will say and I think this is true of University evolution from about the post-world War two period to a couple months ago is that there's a heavy public expenditure component that came into its own in the 50s 60s and 70s and has been with us what that means from an economic perspective is that universities are basically in the in the business of rich seeking and rent allocation from the public sector and what do we know about rent seeking what do we know about fast government program of a similar magnitude when they become entrenched is their very very hard to disrupt or change course or dissipate or abolish or whatever you want to do with it I mean it's like trying to steer the Titanic with a rubber band that's the the situation that I consider kind of university university as medic the university has Medicare where you know there might be some nibblies but by and large we're still going to be spending a lot of money on it and it's going to affect a lot of people okay so that said that is your your thinking until a couple months ago how does the how does the coronavirus change that and you talk about a weird print of event that nobody saw coming you know you know and we'll put aside the idea that there were five or six people in the federal government it could have stopped this but you know the coronavirus comes in this is a black swan or it's something that really is disruptive how does that change your understanding where universities were headed yeah well I think prior to just a few months ago the main area of what we would call for lack of better term budgetary bloat in the university system with all these administrative roles that are just expanding like crazy and we see this empirically from the 1970s to the present day administration has more than quadrupled in size thank you hi you know in cracks in the ivory tower or something that like 20 30 or 40 years ago I think it was that there were four administrators for every ten professors right a tenure-track professors and now it's that there are nine professors for every ten administrators or something yeah is the administrator should have far surpassed professors itself on campus right even though universities are basically delivering the same type of good they're doing a degree so I think prior to just a few months ago a lot of that was taken place on on University campuses through rent-seeking for rent allocation off of budgets that are built around having a very large student body on campus so administrators grew in conjunction with universities providing more what they call student services student services are often a little pet projects that was a lot easier to justify when classes were held in person and when the student body is there living in the dorm you start to move things online you can ask the question what does the director of sustainability climate change and parking lots have to do anymore right so I think the longer that this type of a crisis persists that kind of pulls back the cover on the question of whether some of these roles are necessary or whether some of these new developments of what had grown on campus is it is essential to the business that we're doing I think the second thing that that kovat has done is it started to expose some of the financial pressures that higher ed places on students themselves through rising tuition it's starting to get people ask the question well I'm paying full tuition but now I'm taking kind of like this shell of a class that's now on the line should I have to pay the same tuition rate as I would if I got the in-person experience and I think a lot of people are gonna start asking questions or saying no maybe I shouldn't maybe there should be other discounts so do you think I mean do you envision a kind of hybrid model that is somewhere between you know a more traditional residential college which it's it's not clear what percentage of you know undergrads actually went to a four-year residential college you know and and lived apart from their parents as opposed to you know living near the campus with their family in an urban area or whatever but do you think it's more likely that we'll see a you know kind of a hybrid model where some or at a particular school a lot of maybe more introductory classes will be delivered via zoom or by a lecture with a couple of recitation sections or higher level classes will be all in person but lower you know etc how do you see this playing out I think that there is going to be a bit of a trend to diversifying how what we would call gen Ed's are delivered so you're history 101 math 101 English 101 standard classes everyone has to take under the precoded model and I guess the standard model from history is you show up freshman year in the first two years or spent knocking out your gen Ed's and then you move into your major I think this does open up a bit of an opportunity especially if someone wants to be entrepreneurial about it finding ways to deliver gen Ed's that don't require the butts in seats model sitting there in the classroom whether that's you and Jason Brennan are pretty I mean you you are pretty big believers in the signaling model of higher education and so that what matters it's less that you know it's less what you learn as an undergrad and it's more where you have a degree from so you still want that piece of paper from a particular school rather than you know you know online MOOC University right right you want it to say you know Dartmouth or I don't know wherever job so how does that factor in because and I you know and I'm thinking now I know a lot of people who teach at state universities and around the country there has been a big push to say that any state school in any you know in any state has to accept Community College courses for it you know for full credit and that there was a push to try and get people to take their gen ed classes at Community College and then you show up into the residential school where you're gonna graduate from and that way you spend less money and you but you get the full freight or you get the full impact of a degree from a name University and how does that intersect with you know with what we've been talking about here yeah whether the end goal of most students when they graduate they want the piece of paper that says Harvard or Princeton if they're going to an elite school or maybe they want University of Texas at Austin University of Virginia like a major flagship State University if it can be the case that that you can transfer in Community College credits for your writing 101 in math 101 course which basically the content is more or less the same you aren't getting much of a premium by doing that at the the full four-year institution you you graduate from but you can save quite a bit on cost that is one way to alleviate one of the driving concerns right now of higher education which is tuition skyrocketing I think prior to Co vid there still seemed to be something of a premium of the college experience of spending all four years at the one place I I do think that some of the move online will make people a little bit more willing to venture out beyond that model make the average students to start to think hey if I can knock out this course online at my Community College and transfer it into UVA or University of Michigan next semester and then I declare my major I've got my gen Ed's out of the way I've done it at like half the cost or a fifth of the cost even in some of these cases and they're taking the credits but then I go do my upper division classes that institution I graduate with the same degree the same certificate that someone who spent all four years there did all right well you know what we're gonna leave it there we have been talking with Phil Magnus he's the author most recently of the 16:19 project a critique and before that with Jason Brennan he was the co-author of cracks in the ivory tower which is a pretty fascinating read about the about academia without romance Phil what else what else are you working on it it seems like you know it's been 15 or 20 minutes and you should have another book project in the works what's what's next for you oh all sorts of things I say historically I'm looking more into the role of government institutions and subsidizing slavery in the 19th century which is I think a big part of the story that's been under played or under represented well as you know right at the risk of going back into a full conversation about the 1619 project and a lot of the historiography of slavery both that it you know it kind of leans on but also then ignores that you know what is fascinating is when you and you were you were talking about this before when you start to think about slavery as a complex social cultural political economic system you know and and you you understand like how could it persist I mean I you know and this is where the the kind of simplified versions that we get often you know whether it's in history classes are in movies you know just don't really do it just as whereas movies like well here's a slave and I am particularly even though it's very much a movie about movies not about history Django Unchained like to focus on the physical torment that was visited you know that was visited upon slaves was like a missing part of how slavery operated but you're talking about how government in various ways and at various levels actually subsidize or create it because there's no question that when the Fugitive Slave Act was passed and it started saying to people you know abolitionist no you have to help us hunt down freed so you know escaped slaves you know that's a major subsidy and that that also causes more and more problems yeah yeah and I I'd say even it's a project that builds on the legacy of Adam Smith or if he knows Deirdre McCloskey so st. Adam Smith right you know here's a thinker that attacked slavery on moral grounds through Moral Sentiments and objections to the horrors of the institution here's someone that also critiques the economics of the slavery and then least discussed of the elements he goes after the political economy of the slavery the role of state institutions and propping this up so he has an observation he says that the the British colonies where slavery is the worst the slave owners themselves have somehow managed to get themselves elected to the colonial assembly and they're never going to abolish or reform or do anything that works against the the institution itself so long as that persists so that elements is there and in the Smith Ian project I see myself as is updating that with 200 years of history and records to build upon but also just seeing how that plays out to add greater depth to the dimension of this project and this topic that's often just glossed over in the standard textbook histories well that's a it sounds fantastic and we'll all be looking forward to reading it Phil Magnus thanks for talking to Reason yeah thanks for having you
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Channel: ReasonTV
Views: 192,264
Rating: 4.7958174 out of 5
Keywords: libertarian, Reason magazine, reason.com, reason.tv, reasontv
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Length: 78min 51sec (4731 seconds)
Published: Thu Apr 16 2020
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