bookshelves: tbr-busting-2013, seven-seas, nonfiction, filthy-lucre, fraudio, gangsters, pirates-smugglers-wreckers, history, published-2009
Read from August 11, 2013 to January 02, 2014
Unabridged 7hrs 41mins. Read by Jeremy Gauge
TBR Busting 2013
Filthy lucre> treasure
From the description: The Invisible Hook looks at legendary pirate captains like Blackbeard, Black Bart Roberts, and Calico Jack Rackam, and shows how pirates' search for plunder led them to pioneer remarkable and forward-thinking practices. Pirates understood the advantages of constitutional democracy--a model they adopted more than fifty years before the United States did so. Pirates also initiated an early system of workers' compensation, regulated drinking and smoking, and in some cases practiced racial tolerance and equality. Leeson contends that pirates exemplified the virtues of vice--their self-seeking interests generated socially desirable effects and their greedy criminality secured social order. Pirates proved that anarchy could be organized.
Piracy and Privateering under the microscope of modern economic theory. A short midwinter, seaside, blustery day listen that had its moments but nowt special.
very intuitive! never knew even pirates have a lot of organizations and economics involved. especially on the profit-driven incentives that organizes them nicely, given their time period & background.
the author therefore is a believer of free-market, and profit-driven industry. he even quoted 'greed is good' from the movie wall street. haha, now is early 2010, where all financial firms are giving out big bonuses, really doubt the phrase is gonna have some positive impact on the society now....Continua
The book is throughly charming, with its detailed account of many of pirating practises during the Golden Age of Piracy, like the Jolly Roger or egalitarian system of booty-division, as well as deep and insightful analysis from an Economic perspective....Continua