Market Structure and Profits: A Further Rejoinder

J. E. Inikori

The Journal of Economic History, 1985, vol. 45, issue 3, 708-711

Abstract: Seymour Drescher's comments center on whether British traders exporting slaves from Africa directly to non-British territories in the Americas were able to load more slaves per ton after 1788 than the slave-ton ratios imposed by British laws. The bone of contention here arose originally from attempts to estimate the volume of the trade. I argued that the British traders did load considerably more slaves per ton after 1788. Neglecting this factor would lead to a significant underestimate of the volume. Drescher disagreed and offered comments in Econocide; I replied in Forced Migration. In discussing the profits I found the subject still relevant: I argued that loading considerably more slaves than British laws allowed enhanced profits of the larger firms with access to non-British territories. On this Drescher here takes issue.

Date: 1985
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