Undercover Economist: The hidden histories that shape the way we live now

The largest silver mines in the Spanish empire were the Potosí mines, discovered in 1545 in what is now Bolivia. Exploiting the mines was dangerous, and in the late 16th century, the Spanish introduced the mita system of forced labour. Villages near Potosí were obliged to provide one-seventh of their adult male population to work the mines, and the mita system continued until its abolition in 1812.

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Tim Harford’s blog

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Tim, also known as the Undercover Economist, writes about the economics of everyday life.

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