The Answer Is Transaction Costs

Prison Gangs and Governance: David Skarbek


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Curious about how the world of prison economics operates? Get ready to uncover a hidden universe with our guest, David Skarbek, a leading voice in political economy. David takes us on a captivating journey from his early days in construction to his groundbreaking research at George Mason University, where he was inspired to explore the economics of unconventional spaces. His insights reveal the sophisticated systems of governance designed by prison gangs to maintain order and manage illicit economies. Whether you're fascinated by how these groups mimic pirate crews or intrigued by their ability to regulate harm in a high-stakes environment, this episode promises to reshape your understanding of extra-legal cooperation.

David Skarbek, Michael Targoff Professor of Political Economy at Brown University.

David Skarbek's Amazon Author Page

Book'o'da'Month:  Shattered: Inside Hillary Clinton's Doomed Campaign  – Crown Publishers, April 18, 2017. by Jonathan Allen  Amie Parnes.

Club Random: Bill Maher talks to William Shatner

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You can follow Mike Munger on Twitter at @mungowitz


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The Answer Is Transaction CostsBy Michael Munger

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