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Here is the audio, video, and transcript.  Most of all, we cover Ptolemaic Egypt.  Here is part of the episode summary:

Tyler and Toby cover how Alexander took over the empire almost without a fight, why Alexandria became the Manhattan of the ancient world, whether the era was as philosophically fertile as it was scientifically, whether your ancient doctor’s visit had positive expected value, what Egypt was actually exporting and selling, whether living standards rose above subsistence or stayed Malthusian, how the ethnic divide between Greek rulers and Egyptian subjects shaped society, what constrained the Ptolemaic Empire from becoming the next Rome, whether Cleopatra has been overhyped, what Julius Caesar was really thinking when he sided with her over her brother, the new frontiers in archeology, whether Herodotus can be trusted, what ancient Egypt knew about Israel and India, when Egyptian jewelry peaked and why, what triggered the sudden emergence of civilization across the ancient world, why a six-year-old Tyler knew King Tut better than Napoleon, and much more.

Excerpt:

COWEN: Either technologically or institutionally, what is it that the Persians had that the Egyptians did not?

WILKINSON: The Persians had a pretty formidable army. Their military technology was certainly superior to the Egyptians at the time that they conquered Egypt originally in the 6th century BC. Like many empires, I suppose, throughout history, they overreached themselves. They overextended themselves, and they found it increasingly hard to hold together this empire stretching all the way from the Aegean to the borders of India. Bits of the empire started to fragment and pull away. Egypt had always had this very strong sense of its own identity. When it had a chance to throw off the Persian yoke, it took it.

COWEN: Let’s think about some of the achievements of Ptolemaic Egypt as an era. Infrastructure. What did they do that was most impressive?

WILKINSON: Build Alexandria. Alexandria the city was a new foundation established by Alexander the Great to bear his name. Unlike all previous ancient Egyptian cities, it was a city built from the outset for commerce. It was a city built on the Mediterranean coast with a great natural harbor, with facilities for loading and offloading ships. It had a great lighthouse guarding the entrance to its harbor, which became one of the wonders of the world. The whole city was really designed from the get-go as a great commercial center looking outwards to the Mediterranean, rather than inwards to the rest of Egypt.

COWEN: Canals, artificial lake. What else did they do?

WILKINSON: They built a city quite unlike anything previously seen in the valley of the river Nile. In fact, any inhabitant today of a modern city would recognize the grid iron pattern of streets. Streets intersecting at right angles, that was something completely unheard of until this point in Egypt with vast public buildings. This was the Manhattan of the ancient world, if you like, in scale, in grandeur, and in the level of commercial activity.

And:

EN: What were the main exports of the Alexandria region? What are they selling, making?

WILKINSON: Oh, the two big exports that account for the lion’s share of Egypt’s wealth at the time are gold and grain. Gold has been mined in Egypt for millennia up to this point, but it’s still the place in the ancient world that produces large quantities of gold. Of course, gold has always been a great currency of international commerce.

Then Egypt is famed as the breadbasket of the ancient world. It produces a superabundance of grain thanks to the fertility of the Nile and the benign climate. It produces more than it needed for its own consumption, by comparison with poorer agricultural regions in Greece and Asia Minor, which struggled to produce enough food. Yes, gold and grain were the absolute engine of Egyptian prosperity.

COWEN: There’s metalwork, there’s glass. What else is there, manufacturing, as we would call it today?

WILKINSON: Oh, yes. There’s a big ceramics industry, so producing not just pots, but terracotta statues and votive objects. There’s glassmaking, as you’ve said. There’s advanced metallurgy, goldsmithing, ironworking, copper and bronze foundries. There’s what we might call the decorative arts, so sculpture, painting. All of these things thrived in ancient Alexandria.

COWEN: Do they have living standards sustainably above subsistence, or is this a Malthusian equilibrium, where they get some wealth and then more people survive and the wage falls again, and it doesn’t get much above what is required to keep people alive?

Recommended, informative and interesting throughout.  And I am very happy to recommend all of Toby’s books, including his latest The Last Dynasty: Ancient Egypt from Alexander the Great to Cleopatra.