“The term free port can mean everything from a little warehouse to a massive port with container ships coming and going every hour,” says Atossa Araxia Abrahamian on this week’s episode of The World in Time. “But, basically, a free port is an island, a cordoned-off piece of land, where the rules are not the same as outside. In economics and history, we sometimes talk about onshore and offshore. Onshore and offshore don't really refer to shores or land. They just refer to legal regimes. A free port will be offshore, and if you walk ten feet through a gate, you’re back onshore. It’s fiction. It’s a legal construct.”

This week on the podcast, Donovan Hohn speaks with journalist Atossa Araxia Abrahamian, author of The Hidden Globe: How Wealth Hacks the World. Their conversation charts and explores the offshore archipelago of freeports, detention facilities, and other extraterritorial zones with which over the past few centuries—on land, on sea, in space, on islands encircled by water and islands encircled by fences, within the borders of nation states and beyond them—we’ve stitched together our global economy.

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