Empires of Spice: The Cost of the Spice Wars

In this episode of The Cost of Everything, I explore the fascinating history of the Spice Wars — a series of intense conflicts that shaped global trade in the 16th and 17th centuries. Discover how the pursuit of spices like nutmeg, cloves, and pepper drove European empires to battle for control over Southeast Asia’s valuable spice routes.

I also introduce a new section describing different definitions or techniques in estimating. This week, it's the Dunning-Kruger effect, a cognitive bias that can impact cost estimators and analysts today, making this episode a perfect blend of history and practical insights.

Link to the ICEAA website to find out more about the next Symposium: https://www.iceaaonline.com/workshop/

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Cost estimating everything from infrastructure to software, from people to the cosmos. Amritpal is the host of the podcast, and is himself a professional cost estimator.