“Even before the expansion of slave labor in the South and into the West, slavery was already an important source of northern profit, as was the already exploding slave trade in the Caribbean and South America. Banks capitalized the slave trade, and insurance companies underwrote it.”

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About Greg Grandin

American historian and author

Greg Grandin is an American historian and author, and a professor of history at Yale University. He has taught at Yale and previously taught at New York University. His work is known for historical writing and analysis shaped by his academic career. He teaches history and has written widely enough to be associated with 76 quotes on this site.

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