Anja Shortland

Anja Shortland, a political economy professor at King’s College London and author focused on crime economics, shares fascinating insights on kidnapping and ransom. She reveals how many are kidnapped annually and the surprising economic incentives for kidnappers to act nonviolently. Shortland discusses the inefficacies of kidnap insurance, the dynamics of ransom negotiations, and why offering more than demanded can jeopardize safety. She also explores the role of organized crime in stabilizing this shadowy industry, painting a complex picture of a dark but structured reality.

Exploring the evolution of cyber threats, ransomware, and cyber insurance in the digital realm. Delving into the economic implications and non-productive costs of cyberattacks. Understanding ransomware gang strategies, transaction costs, and negotiation dynamics. Ending with a sprinkle of economics humor and book recommendations related to Adam Smith.

Anja Shortland, an economist and author from King's College London, dives into the captivating world of art theft and recovery. She discusses how stolen artworks re-enter the legitimate market, revealing the unseen complexities of provenance and ownership. Shortland highlights the critical role of the Art Loss Register in enhancing transparency and trust within the art market. Plus, she shares dramatic stories behind high-stakes negotiations and the evolving standards of authenticity that shape art valuation today.