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.