Extreme Economies: 9 Lessons from the Worlds Limits

About this book

To understand how humans react and adapt to economic change we need to study people who live in harsh environments. From war zones natural disasters and failed states to aging societies and the challenges of technological advancement every life in this book has been hit by a seismic shock violently broken or changed in some way. People living in these odd and marginal places are ignored by number crunching economists and political pollsters alike. Science suggests this is a mistake. This book tells the personal stories of humans living in extreme situations and of the financial infrastructure they create. Here economies are not concerned with the familiar stock market crashes housing crises or banking scandals of the financial pages. In his quest for a purer view of how economies succeed and fail Richard Davies takes the reader off the beaten path to places where part of the economy has been repressed removed destroyed or turbocharged. By travelling to each of them and discovering what life is really like Extreme Economies tells small stories that shed light on todays biggest economic questions with vital lessons for our future.