Did cost of the war really exceed the potential purchase price of all the slaves

Home Forums Discuss U.S. History to 1877 Did cost of the war really exceed the potential purchase price of all the slaves

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #15547
    gunrights4us
    Participant

    Tom Woods says so in “33 Questions”. I would be interested to see how that calculation was done. Somewhere I read the war cost the US Government the equivalent of $84 billion in today’s deflated dollars. Where has the value of the slave workforce been calculated?

    #15548
    gutzmank
    Participant

    The US Government spent over $6 billion on the war, and the CS Government spent over $2 billion. There were approximately 4 million slaves, and the mean value was approximately $800, which means their total value was about $3.2 billion–far less than was spent on the war.

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.