Not many economists have trekked through lawless jungles, visited shops and restaurants world’s most entrepreneurial refugee camp or hung out with inmates in a Louisiana mega jail.

For his book, Extreme Economies, Richard Davies went to some of the most desperate places on the planet, but found incredible stories of human resilience. People with nothing had created businesses and currencies from scratch - proving that even in dire circumstances, the free market finds a way.

In this episode of the podcast we discuss what a world ravaged by the global pandemic can learn from disaster zones, displaced societies and failed states.

Visit www.extremeeconomies.com/signed and enter the code CapX to get a signed copy of Richard's book for the special price of £7.

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