The Laws and Economics of Treasure Hunting
The Political Orphanage
Andrew Heaton
4.9 • 1000 Ratings
🗓️ 22 June 2022
⏱️ 70 minutes
🧾️ Download transcript
Summary
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| 0:00.0 | Hello and welcome to the political orphanage, a home for Plucky Misfits and Problem Solvers. |
| 0:14.1 | I'm your host, Andrew Heaton. |
| 0:17.0 | Last week was a heavy episode on gun policy, twice as long as usual usual plus a lot of math and about 15% more feelings |
| 0:27.6 | than usual so this week we're going to go a little bit lighter we're going to |
| 0:31.6 | take the show in the direction of a fun |
| 0:34.2 | romp. We're going to speak with a treasure hunter about the politics of |
| 0:40.9 | treasure hunting. Because it turns out there is a lot of lost, ill-gotten gold scattered all over the ocean floor. |
| 0:51.0 | Billions of dollars of it in fact fact but if you happen to find a |
| 0:54.4 | treasure chest of gold down there in the briny deep you may not legally own it |
| 0:58.8 | it turns out the politics of treasure hunting and maritime law is complicated. |
| 1:05.0 | Let's say you stumble upon a 300 year old Spanish juggernaut. |
| 1:10.0 | Do you get to keep that gold? |
| 1:12.0 | Or is it still the property of the Spanish Navy? |
| 1:14.8 | What about all those cool haunted pirate skeletons? |
| 1:18.0 | Do you at least get to keep some of the ribs? |
| 1:20.3 | That would seem fair to me. |
| 1:21.5 | Museums get dibs on the skulls, but I get to keep one rib per skeleton. |
| 1:26.0 | Although if I'm being completely honest here, most treasure hunters are principally concerned with gold ownership, |
| 1:31.7 | so we'll mostly talk about gold today and who owns it. We'll talk |
| 1:35.7 | about the politics and laws regarding it, flotsam and jetsam regulations, maritime law, |
| 1:41.2 | international treaties regarding the extent of ocean territory, and the rules about |
| 1:45.5 | recovered historical artifacts. |
... |
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