Slave property rights yielded a source of collateral as well as a coerced labor force. Using data from Dun and Bradstreet linked to the 1860 census and slave schedules in Maryland, we find that slaveowners were more likely to start businesses prior to the uncompensated 1864 emancipation, even...

Organized intergroup violence is almost universally modeled as a calculated act motivated by economic factors. In contrast, it is generally assumed that non-economic factors, such as an individual's emotional state, play a role in many types of interpersonal violence, such as "crimes of...