David Skarbek, Professor of Political Economy at Brown University, dives deep into the intriguing world of prison economics. He reveals how prison gangs establish their own governance systems, mimicking structures like pirate crews. The conversation touches on the paradox of voluntary coercion and how non-state entities enforce rules in the chaos of incarceration. Skarbek also discusses the complex social dynamics within prisons, including gang hierarchies and the significance of reputation, which all contribute to maintaining order in these unconventional environments.
