New Books In Economics

A profoundly humane look at an inhumane institution, The Price for Their Pound of Flesh: The Value of the Enslaved, from Womb to Grave, in the Building of a Nation (Beacon Press, 2017) will have a major impact how we think about slavery, reparations, capitalism, nineteenth-century medical education, and the value of life and death. Slaves were commodities, their monetary value assigned based on their age, gender, health, and the demands of the market. This is the first book to explore the economic value of enslaved people through every phase of their lives including preconception, infancy, childhood, adolescence, adulthood, the senior years, and death in the early American domestic slave trade. Covering the full life cycle, historian and author Daina Ramey Berry shows the lengths to which enslavers would go to maximize profits and protect their investments. Illuminating ghost values or the prices placed on dead enslaved people, Berry also explores the little-known domestic cadaver trade and traces the illicit