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Great thread on a facinating new paper by @joachim_voth @ReddingEcon Stephan Heblich supporting the (Eric Williamson) old hypothesis that the accumulation of wealth from the slave trade played a key role in Britain's wealth accumulation and the industrial revolution.
RT @joachim_voth: most seeing increases in welfare by 40% or more. Prior to Britain's involvement in the slave trade, places with lots of slave wealth in 1833 were no …
