Jul 17, 2017
In this episode, we dive deep into a World War II prisoner of war camp, where the simple cigarette demonstrates the rise and fall of commodity-backed currencies.
We owe our inspiration for this particular episode to Tim Harford and his book "The Undercover Economist strikes back".
Also check out this Rolling Alpha post: P.O.W. Economics: a parable.
PS: we have an update to our constant recording woes. This week, we fixed the microphone, and our neighbours decided to engage in some neighbourly wall-drilling. On a Saturday. MID-RECORDING. Sorry.