The Fourth Great Awakening

A NOBLE PRIZE-WINNING ECONOMIST AND HISTORIAN SAYS WE’RE IN THE MIDDLE OF ONE OF AMERICA’S MAJOR PERIODS OF REFORM

Robert Fogel is best known as one of the two authors of Time on the Cross, a pathbreaking 1974 book that applied statistics and numerical analysis to history to make a provocative and important point: American slavery on the eve of the Civil War was not an economically inefficient, slowly dying system, as was widely believed at the time, but rather a healthy monster that would perish only when the Union’s armies drove a stake through its heart.Read more »