A Deplorable Scarcity

The Failure of Industrialization in the Slave Economy

By Fred Bateman, Thomas Weiss

250 pp., 6.125 x 9.25

  • Paperback ISBN: 978-0-8078-5446-4
    Published: June 2002
  • E-book EPUB ISBN: 978-1-4696-3998-7
    Published: October 2017
  • E-book PDF ISBN: 979-8-8908-7452-8
    Published: October 2017

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In this major reexamination of the southern industrial economy and its failure to progress during the antebellum period, Fred Bateman and Thomas Weiss show that slavery and its consequences were not alone in inhibiting industrialization. They argue, rather, that the planters hesitated to invest in high-risk enterprises and worried that industrialization would undermine their authority. Underpinning this study is a massive data collection from census reports, which permits an economic analysis that was previously not feasible.

About the Authors

Fred Bateman is professor of economics at the University of Georgia.

For more information about Fred Bateman, visit the Author Page.

Thomas Weiss is professor of economics at the University of Kansas.
For more information about Thomas Weiss, visit the Author Page.