Child Labor, Economic Development, and the Folly of Good Intentions

International Liberty

One of my great frustrations (and there are many) is that the conventional wisdom about economic history oftentimes is wrong. It is very common for students to learn things that simply are not true.

Let’s add to that list by looking at the issue of child labor. The conventional wisdom is that child labor was a regular feature of an oppressive capitalist system and that children were eventually saved from abuse thanks to government intervention.

Hardly. Child labor was – and still is, in some places – a way…

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