An Introduction to the blog and a brief address of a claim found in " Empire of Wealth " by John Steele Gordon Hello, this is Henry Maynard Pigou or HMP for short, this blog is meant to serve as a repository for my studies surrounding economics both through my courses as an economics undergraduate and personal studies. The former will be generalist in approach while the latter is likely to center more heavily upon taxation and other topics within the domain of public economics . Also featured in the blog will be bad economics that I come across and inevitably that I come up with myself, I am by no means an expert in the field, nor do the experts get everything correct. With that addressed, the first topic will be low-hanging fruit from John Steele Gordon 's " Empire of Wealth ". Located on page 18, Gordon states the following without direct footnote or citation "Still, [indentured servants] were not q...