
Extreme Economies
by Richard Davies · first published 2019
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Deep Aside: EconTalk's episode on Richard Davies' Extreme Economies is really really good (and long!). The section on how Angola Penitentiary's underground economy changed overnight from Cigarettes to Ramen/Mackerel and Bitcoin-like-cyphers is amazing stuff. https://www.econtalk.org/richard-davies-on-extreme-economies...
on “Bitcoin and cryptocurrency prices have fallen sharply over the last few days” ↗You should check out Extreme Economies by Richard Davies. It's a book describing economic systems in extreme situations. I do not remember if it has a specific chapter on prisons though.
on “U.S. postal inspectors shut down website selling counterfeit postage labels” ↗