

Gary Shiffman on the Economics of Violence
Jan 18, 2021
Gary Shiffman, an economist and author of "The Economics of Violence," explores the intersection of economics and violence, drawing from his unique background as a former U.S. Navy officer and national security advisor. He argues that terrorism and crime are often entrepreneurial ventures, driven by personal expression rather than ideology. Through captivating case studies, he rethinks identity labels in organized violence and discusses the dual roles of notorious figures like Pablo Escobar as both criminals and social providers.
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Robinson Crusoe and Friday
- Russ Roberts mentions Robinson Crusoe's reaction to Friday's arrival.
- Crusoe sees Friday as a potential partner, not food, highlighting humans' inherent propensity to cooperate and trade.
Economics of Extremes
- Gary Shiffman argues that economics explains seemingly contradictory human behaviors.
- He contrasts basic human cooperation with extreme acts like suicide terrorism, highlighting economics' power to analyze diverse actions.
Identity Labels vs. Institutional Influence
- Shiffman argues against oversimplifying identity labels when analyzing violence.
- He acknowledges religion's influence as an institution shaping behavior but cautions against broad generalizations.