VoxTalks Economics
S3 Ep57: The Spanish Empire's shipwreck problem
24 min•4 december 2020
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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.
Read the Vox column about Spanish shipwrecks.
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