How to Start a New Country

It's clear states, borders, and countries constantly evolve. But how do countries form? And what does it take to start a new one? In this episode, Michael interviews Erick Brimen, founder of Prospera, a project dedicated to creating Special Economic Zones that foster economic growth through free-market governance. Brimen shares insights into the challenges of governance in developing nations, lessons learned from Venezuela's economic collapse (despite the country having the world's largest oil reserves), and successful governance models in places like Dubai (a small desert fishing and pearl diving village until the early 1970s) and Hong Kong (under British rule until 1997).