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Least cost way of production Slave labor less costly when cost of maintaining and monitoring labor for the same output is less than the wage payment to free labor Pareto optimality or allocative efficiency Cannot make someone better off without making another worse off Slavery is not efficient in the this way Payment necessary to get free labor to work as hard as a slave is greater than the benefit to owner of using slave rather than free labor Explosion of research by Economic Historians into slavery in the post WWII period

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Keeping the pace International sales is a complicated discipline

They hired researchers to come up with scientific results that questioned the link between smoking and health and over a period of years took out advertisements indicating that if it were proven that their products caused disease they would 'do the right thing'