#60317
Mentioned in 1 episodes

The Economic Organisation of a P.O.W. Camp

Book •
This article, published in 1945, describes how prisoners in a World War II camp created a thriving market economy despite their confinement.

Cigarettes became a form of currency, facilitating trade among prisoners.

The article explores themes of supply and demand, arbitrage, and the role of cigarettes as a medium of exchange.

Mentioned by

Mentioned in 1 episodes

Mentioned by
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Bob Elliott
as a source of insights into the creation of financial markets and human economic behavior.
105 snips
Bob Elliott - A Macro Tour - [Invest Like the Best, EP.302]

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