Why Slave Economies Thwart Entrepreneurial Innovation
In a slave economy, slave owners seek technological innovations that make slave labor more productive. But they also place inefficient and artificial limits on innovations that might change the established social order.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Original Article: "Why Slave Economies Thwart Entrepreneurial Innovation".
The skinny
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