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The Podcast of the Lotus Eaters

PREVIEW: Brokenomics | The Wire

The Podcast of the Lotus Eaters

lotuseaters.com

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4.71.1K Ratings

🗓️ 15 October 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

Dan just rewatched the HBO Show ‘The Wire’ while on his hols and spotted there were many Brokenomics lessons hidden in this classic 2002 show following the drug trade and police in the crime ridden city of Baltimore. Watch the full podcast: https://www.lotuseaters.com/premium-brokenomics-or-the-wire-15-10-24

Transcript

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0:00.0

Hello and welcome to Brokonomics. Now, in this episode, it has occurred to me that I have been

0:07.4

neglecting the full breadth of culture within the Western Canon. And I specifically wanted to do

0:14.6

something this week celebrating black culture and give that the time and attention that it deserved.

0:25.8

And I thought the best way to do that would be to take a look at the Wire, which was a TV

0:32.2

series back from early in 2000s when they looked at the drug trade in Baltimore,

0:39.7

in American City.

0:42.3

It's a good series, so I don't know if you've seen it.

0:45.3

You should have done.

0:46.3

If you haven't, go and watch it, but it's very good.

0:50.2

And it's like, I think it's like five seasons,

0:53.1

and it kind of follows, you know, both the police department, a few civilians, and the drug traffickers and the sort of interplay that goes on between them.

1:02.8

It's a really good TV, quite engaging.

1:05.2

So if you're just looking for something to watch, I think it holds up.

1:10.8

There's a lot of economic lessons that you can

1:12.6

actually draw from it, interestingly. The reason I watched it again is because I went on a

1:16.6

camping holiday with the kids. And the thing with women and kids is they fall asleep really early.

1:20.8

So I had the evenings to myself and I sort of took along the wire and rewatched it.

1:27.8

Fascinating watching it again all these years later for a number of reasons.

1:32.5

One, because it shows how good the 2000s were, even in Baltimore.

1:37.3

Even crime-ridden Baltimore kind of basically worked all the functions and the institutions. They work badly, but they worked,

1:48.1

which is an interesting contrast with today, even in Baltimore. Also, I quite liked it because

1:56.5

obviously the 2000s was, the early 2000s was a great time in human history.

...

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