P. O. W. Camp Radford Analysis

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The economy of P.O.W camps during World War II represent a successful example in establishing of free market under oppression of the government. The intense trading in Japanese P.O.W camp forced Tenney to witness the death of Paul Edward Perry because the small exchange that Paul conduct (Tenney). In “The Economic Organization of a P.O.W. Camp” show the observation of Radford R.A, he was the economist who enlisted in British army during World War II. While he was serving in army, he was capture by the German army. Afterward, Radford was transferred to a prison in Italy, where he saw the small trading system conduct as a bartering system between prisoners with alternating prices. Radford analysis the transition of the development of trading

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