| Stanley Engerman | |
|---|---|
| Born | March 14, 1936 |
| Nationality | United States |
| Fields | Economics |
| Institutions | University of Rochester |
| Known for | Economic history |
Stanley Lewis Engerman (born March 14, 1936) is an economist and economic historian at the University of Rochester. He received his Ph.D. in economics in 1962 from Johns Hopkins University. Engerman is known for his quantitative historical work along with Nobel prize winning economist Robert Fogel. His first major book, co-authored with Robert Fogel in 1974, was Time on the Cross: The Economics of American Negro Slavery. This significant work, winner of the Bancroft Prize in American history, challenged readers to think critically about the economics of slavery. Dr. Engerman has also published over 100 articles and has authored, co-authored or edited 16 book-length studies.
Engerman served as President of the Social Science History Association as well as President of the Economic History Association. He is Professor of Economics and Professor of History at the University of Rochester where he teaches classes in Economic History and the Economics of Sports and Entertainment. Professor Engerman is currently a visiting professor in the Harvard University Economics Department, where he is teaching the Economics of Sports and Entertainment.
Contents |
The critical reception of Engerman's most widely read work, Time on the Cross (co-authored with Robert Fogel), was unique in its public visibility. Reminiscent of Charles A. Beard's economic analysis of the Constitution in its longevity, Time on the Cross made a variety of politically charged claims based on cliometric quantitative methods. Fogel and Engerman claimed that slavery remained an economically viable institution and slave ownership was generally a profitable investment, slave agriculture was very efficient, and the material conditions of the lives of slaves "compared favorably with those of free industrial workers."[1]
Charles Crowe offered a summary of the work: "The cliometricians announced the scientific discovery of a vastly different South led by confident and effective slaveowning entrepreneurs firmly wedded to handsome profits from a booming economy with high per capita incomes and an efficiency ratio 35 per- cent greater than that of free Northern agriculture. In the new dispensation the efficient, often highly skilled, and very productive slaves embraced the Protestant work ethic and prudish Victorian morals, avoided both promiscuity and substantial sexual exploitation by planters, lived in father-headed and stable nuclear families, kept 90 percent of the fruits of their labor, and enjoyed one of the best sets of material conditions in the world for working class people."[2]
Engerman co-authored an economic journal entitled "History Lessons: Institutions, Factor Endowments, and Paths of Development in the New World" with Sokoloff, which can be found in The Journal of Economic Perspectives. Sokoloff and Engerman go in-depth and argue that the economic trajectory of former New World colonies over the past 300 years was largely determined by various facets of their natural environments. Sokoloff and Engerman focus mainly on the effects of the colonies' soil qualities. Sokoloff and Engerman claim that in areas such as Cuba which possessed land suitable for sugar and coffee, the soil quality led to economies of scale and plantation agriculture and slave labor. This in turn led to a guarded franchise, high tax rates, and limits on education. In areas such as the United States which possessed land suitable for wheat, the soil quality led to small scale farming and relatively equal distributions of wealth. This in turn led to an open franchise and broad public education. Sokoloff and Engerman conclude that areas such as the United States, which emphasized equality and access to public education, were able to progress faster economically than areas such as Cuba which did not allow such opportunities to its residents.
SL ENGERMAN, KL SOKOLOFF - NBER Working Paper, 2003