The explosive growth of the Atlantic slave trade in the second half of the seventeenth century made the international trade in Africans one of the world's largest industries. This book explores the operation of that industry in the late seventeenth and early eighteenth centuries, focusing on the market behaviour of the Royal African Company - the largest English company engaged in the slave trade - and the sugar planters of the Caribbean, who were the trade's principal customers in English America. A richly detailed portrayal of the slave trade to English America emerges, one that shows it to have been a highly competitive and efficient transatlantic market. In revealing the existence of sophisticated and complex market behaviour in this early period of black slavery in the New World, the book adds to our understanding of the development of large-scale competitive markets, as well as to our knowledge of the efficiency of resource allocation in early English America.
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Book Description
Editorial Reviews
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'Galenson's book is a welcome addition to the growing literature on economic institutions. Using a blend of cliometric techniques and institutional analyses, he mines the economic and demographic data in the records of the Royal African Company to reconstruct the organization of the seventeenth-century slave trade. The result is a detailed demonstration that this trade took place in a highly organized and sophisticated market. The book will be of interest not just to economic historians of slavery, but to everyone interested in the evolution of modern economic organization and exchange.' Douglass C. North, Washington University
'Traders, Planters, and Slaves analyzes nearly 75,000 transactions of the Royal African Company to explore the operations of the slave trade, the economy of the sugar islands, and the efficiency of markets in early modern history. It illuminates all three subjects and is essential reading for students of the Atlantic world during the colonial era. In the best tradition of cliometrics, Galenson combines a historian's careful reading of archival material with an economist's theoretical precision to produce a model of social science history.' Russell R. Menard, University of Minnesota
'Traders, Planters, and Slaves analyzes nearly 75,000 transactions of the Royal African Company to explore the operations of the slave trade, the economy of the sugar islands, and the efficiency of markets in early modern history. It illuminates all three subjects and is essential reading for students of the Atlantic world during the colonial era. In the best tradition of cliometrics, Galenson combines a historian's careful reading of archival material with an economist's theoretical precision to produce a model of social science history.' Russell R. Menard, University of Minnesota
Book Description
This book explores the operation of the Atlantic slave trade industry in the late seventeenth and early eighteenth centuries, focusing on the market behaviour of the Royal African Company - the largest English company engaged in the slave trade - and the sugar planters of the Caribbean.
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Inside This Book
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First Sentence:
This book deals with one aspect of the Atlantic economy during the late seventeenth and early eighteenth centuries: the transatlantic slave trade to the early English West Indies. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
average daily mortality rate, true persistence rates, geographic persistence, early transatlantic slave trade, unhealthy slaves, passage mortality rates, slave deliveries, invoice account books, voyage duration, slave cargoes, slave mortality rates, outmigration rates, slave prices, persistence estimates, slave purchasers, cargo size, absentee plantation owners, daily mortality rates, slaving voyages, separate traders, market observations, invoice accounts, persistence studies, company invoices, wealthier planters Key Phrases - Capitalized Phrases (CAPs): (learn more)
West Indies, Royal African Company, West Indian, West Africa, English America, Middle Passage, New England, Cape Coast, Royal Adventurers, Leeward Islands, North American, Adam Smith, Gold Coast, Lords of Trade, William Bulkey, British America, Sir Dalby, American South, King William's War, Queen Anne's War, Richard Ligon, Chesapeake Bay, Generous Jenny, Men Women Boys Girls Total Year, University of North Carolina Press New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
This book deals with one aspect of the Atlantic economy during the late seventeenth and early eighteenth centuries: the transatlantic slave trade to the early English West Indies. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
average daily mortality rate, true persistence rates, geographic persistence, early transatlantic slave trade, unhealthy slaves, passage mortality rates, slave deliveries, invoice account books, voyage duration, slave cargoes, slave mortality rates, outmigration rates, slave prices, persistence estimates, slave purchasers, cargo size, absentee plantation owners, daily mortality rates, slaving voyages, separate traders, market observations, invoice accounts, persistence studies, company invoices, wealthier planters Key Phrases - Capitalized Phrases (CAPs): (learn more)
West Indies, Royal African Company, West Indian, West Africa, English America, Middle Passage, New England, Cape Coast, Royal Adventurers, Leeward Islands, North American, Adam Smith, Gold Coast, Lords of Trade, William Bulkey, British America, Sir Dalby, American South, King William's War, Queen Anne's War, Richard Ligon, Chesapeake Bay, Generous Jenny, Men Women Boys Girls Total Year, University of North Carolina Press New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 70
books:
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4
books
cite this book:
- Royal African Company by K. G. Davies on 43 pages
- Sugar and Slaves: The Rise of the Planter Class in the English West Indies, 1624-1713 (Published for the Omohundro Institute of Early American Hist) by Richard S. Dunn on 13 pages
- White Servitude in Colonial America: An economic analysis by David W. Galenson on 6 pages
- Sugar And Slavery: An Economic History Of The British West Indies by Richard Sheridan on 5 pages
- Human Cargoes: The British Slave Trade to Spanish America, 1700-1739 (Blacks in the New World) by Colin Palmer on 5 pages
See all 70 books this book cites
- London, Metropolis of the Slave Trade by James A. Rawley on page 5, and page 59
- Slavery and the Rise of the Atlantic System by Barbara L. Solow on page 86
- The Atlantic Slave Trade: Effects on Economies, Societies and Peoples in Africa, the Americas, and Europe by Joseph E. Inikori on page 334
- Africa and Africans in the Making of the Atlantic World, 1400-1800 (Studies in Comparative World History) by John Thornton on page 143
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