In this thrilling episode, “The Gamble of Trade: Scarcity and Risk in Ancient Markets,” we plunge into the high-stakes world of ancient bazaars, where scarcity and risk determine fortunes. Picture it: we take specialisation to a larger scale in vast marketplaces, where every trade is a high-stakes gamble.Follow two merchants—a cautious veteran and a daring newcomer—who navigate the world of spices, salt, and alliances that can make or break wealth overnight. When a drought drives up salt prices, tensions escalate as traders form secret alliances, only for a sudden supply influx to change everything. The result? Fortunes rise and fall in an instant.This episode goes beyond trade goods; it’s about understanding the invisible forces that shape our economy. If you’re intrigued by history’s economic dramas or the hidden dynamics that still affect us today, tune in to explore the real risks behind every transaction.Are you ready to discover what it means to bet on scarcity?

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