Published Mar 9, 2020

Richard Davies on Extreme Economies

Richard Davies delves into the innovative economic systems of extreme environments, uncovering how necessity fuels adaptation in places like refugee camps and prisons, and explores the tension between economic growth and environmental sustainability in Panama's rainforests.

Episode Highlights

Topics covered

Episode Highlights

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Dexa/Russ Roberts

Richard Davies on Extreme Economies

Topics covered

Popular Clips

Cooperative Control

Treacherous Trek, Immigrant Market

The Dot Economy

Refugee Camp Economies

Challenges in Property Rights

Informal Economy Burdens

Debit Card Scams

The Curious Task

Entrepreneurship in Prison

Uncharted Territory

Life After Prison

Corruption and Resource Misallocation

Exploring Kinshasa

Challenges of Reentry

Episode Highlights

Environmental Economics

Economic Adaptations

Surviving Extreme Conditions

Related Episodes

Will Davies on the Economics, Economists, and the Limits of Neoliberalism

David Skarbek on Prison Gangs and the Social Order of the Underworld

Paul Robinson on Cooperation, Punishment and the Criminal Justice System

Diane Coyle on the Economics of Enough

Russ Roberts on the Price of Everything

Robert Frank on Dinner Table Economics

Gary Shiffman on the Economics of Violence

Max Kenner on Crime, Education, and the Bard Prison Initiative

Richard McKenzie on Prices

William Easterly on Growth, Poverty, and Aid

David Henderson on the Essential UCLA School of Economics

Lant Pritchett on Poverty, Growth, and Experiments

James Hamilton on Debt, Default, and Oil

Bruce Meyer on Poverty

David Schmidtz on Rawls, Nozick, and Justice

Richard Davies on Extreme Economies

Topics covered

Popular Clips

Episode Highlights

Environmental EconomicsRichard Davies examines the economic and environmental consequences of teak plantations in Panama's rainforests. He also discusses the struggles of indigenous communities in balancing economic needs with environmental sustainability.

Environmental Economics

Economic AdaptationsRichard Davies discusses the resilience and adaptability of economies in extreme environments, such as refugee camps and prisons. He highlights how necessity drives innovation, leading to the emergence of cash-based systems and barter economies.

Economic Adaptations

Surviving Extreme ConditionsRichard Davies examines the intricate economic and social landscapes of extreme environments, from prisons to refugee camps. He reveals how informal economies and the struggle for identity shape the lives of those living on society's margins.

Surviving Extreme Conditions

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