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S3 Ep57: The Spanish Empire's shipwreck problem

EPISODE · Dec 4, 2020 · 24 MIN

S3 Ep57: The Spanish Empire's shipwreck problem

from VoxTalks Economics · host VoxTalks

When the galleon San José sank in a typhoon in 1694, it was carrying a cargo worth 2% of the GDP of the entire Spanish empire. Fernando Arteaga, Desiree Desierto and Mark Koyama tell Tim Phillips about how bribes sank Spanish treasure ships.Read the Vox column about Spanish shipwrecks.

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S3 Ep57: The Spanish Empire's shipwreck problem

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