- Mar 16, 2016
Was told by a host ( @jgoodguy ) that econ topics could be covered on this forum "...at least until management catches on and makes us do real history."
Been doing some reading trying to get a better handle on the economic situation in the antebellum US. Found the attached map. For whatever reason, I thought the representation would have been reversed. Granted, this is an average but the states that would become the Confederacy outstrip the heavy industrial states of PA and NY by up to 12 times. When @DaveBrt writes about southern railroads being funded by local subscription, I guess I now know where the money came from...
Had no idea southern white males were so wealthy compared to their northern counterparts...on average...