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April 13, 2018 06:00 pm PDT

Forced prison labor put downward pressure on wages at American companies, worsening inequality

In Economic Consequences of the U.S. Convict Labor System, UCLA economist Michael Poyker uses data on prisons and their surrounding areas from 1850 to 1950 to examine the role that free/extremely low-waged forced convict labor had on wages. (more…)


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