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Civil War History - Secession and Politics Was it Slavery, or was it States Rights? Perhaps it was the election of Lincoln? What were the real reasons for Southern Secession and what were the political issues in this time of war? Find your answers here in the Secession and Politics Disussion.

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  #1  
Old 04-01-2006, 07:36 PM
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Default Economic Cost of the Civil War.
To All,

I was asked to help a nephew with his paper on the Civil War and ran down some interesting sites.

Economics of the Civil War.

http://www.eh.net/encyclopedia/artic...m.civil.war.us

Costs of the Civil War.

http://www2.sjsu.edu/faculty/watkins/costofcw.htm

What if the Union Had Bought Out The Confederacy Instead of Fighting?

http://www.gongol.com/research/economics/slavebuyout/

Sincerely,
Unionblue
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"The American people and the Government at Washington may refuse to recognize it for a time but the inexorable logic of events will force it upon them in the end; that the war now being waged in this land is a war for and against slavery." Frederick Douglass

"Loyalty to our ancestors does not include loyalty to their mistakes." George Santayana
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Old 04-01-2006, 09:00 PM
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I see the second site lists an item labeled "Labor Costs Overcounted Because of Risk Premium."

What a mouthful!

Do we have any economists who can explain that in layman's terms?
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Old 04-01-2006, 09:59 PM
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Hoosier,

That's why I began the thread, in the hopes someone could help explain a few thing!

I once heard a quote by Harry Truman, "If you laid all the economists in the country end-to-end, they would point in all directions!"

Sincerely,
Unionblue
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"The American people and the Government at Washington may refuse to recognize it for a time but the inexorable logic of events will force it upon them in the end; that the war now being waged in this land is a war for and against slavery." Frederick Douglass

"Loyalty to our ancestors does not include loyalty to their mistakes." George Santayana
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Old 04-02-2006, 11:54 PM
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unionblue:
I thought it was, "they wouldn't reach a conclusion." Same thing, only different. By the way, thanks for those links. They're the reason I don't get much book-readin' done.

Ole
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Last edited by ole; 04-02-2006 at 11:56 PM.
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Old 04-07-2006, 09:11 PM
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Default U.S. Federal Expenditures
One only need read the record of the annual expenditures made by the U.S. Congress during the Civil War, to understand that the Confederate leadership never knew what hit them.
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  #6  
Old 04-16-2006, 02:59 PM
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Default The U.S. buried the Confederacy under deficit financing
One fatally flaw the Confederate founding fathers never saw was U.S. deficit financing to fight the Civil War.
They buried the south with an ability to loan money.
By June 30, 1862, the U.S. collected 584 million dollars for the fiscal year. 530 million dollars was in loans of all kinds.

The Confederacy had their cotton, their slaves and their arrogance.

By 1863, the Confederate leadership found this was a different kind of war. It was a deficit financed modern industrial war. Bravery was only going so far.
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