Quarterly Journal of Austrian Economics

The “Confederate” Blockade of the South

The Quarterly Journal of Austrian Economics
Downloads
 

Volume 4, No. 1 (Spring 2001)

 

It is important to note that the economic theory of war does not necessarily displace the historical explanations that rest on such factors as internal dissension, a failure of leadership or diplomacy, the demise of the railroads orthe economy, or some combination of these factors. Rather, economic theory, properly applied, provides an approach in which all of these factors can be properly understood—each the result of interventionist government policy and each contributing to an understanding of the overall Confederate defeat. In addition, this article provides insight into how Confederate defeat might have been avoided had policy been pursued on the basis of the free-trade philosophy of the prewar South.

CITE THIS ARTICLE

Ekelund, Robert. “The ‘Confederate’ Blockade of the South.” The Quarterly Journal of Austrian Economics 4, No. 2 (Spring 2001): 23–42.

 

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute