DeLong on the Civil War
Brad DeLong has an arresting post on the costs of the civil war.
- Cost of Civil War to North: $140 per capita (including only economic damages for dead and wounded)
- Cost of Civil War to South: $340 per capita (including only economic damages for dead and wounded)
- "Indirect" additional cost of Civil War to South: $450 per capita.
Cost to buy and free all the slaves? $90 per capita.