The Invisible Hook: The Hidden Economics of Pirates
by Peter Leeson
Peter Leeson reveals the economic logic behind pirate crews, showing how their rules and incentives solved problems of cooperation and conflict at sea.
About This Book
The Invisible Hook examines the economic principles that shaped pirate crews during the Golden Age of Piracy.
Peter Leeson analyzes how pirates created rules, incentives, and leadership systems to solve problems of cooperation and conflict.
The book draws on historical records to show how pirate practices reflected rational economic behavior.
Readers gain insight into the hidden economic forces that influenced pirate organization and success.
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