The Invisible Hook: The Hidden Economics of Pirates

Princeton University Press
7
Free sample

Pack your cutlass and blunderbuss--it's time to go a-pirating! The Invisible Hook takes readers inside the wily world of late seventeenth- and early eighteenth-century pirates. With swashbuckling irreverence and devilish wit, Peter Leeson uncovers the hidden economics behind pirates' notorious, entertaining, and sometimes downright shocking behavior. Why did pirates fly flags of Skull & Bones? Why did they create a "pirate code"? Were pirates really ferocious madmen? And what made them so successful? The Invisible Hook uses economics to examine these and other infamous aspects of piracy. Leeson argues that the pirate customs we know and love resulted from pirates responding rationally to prevailing economic conditions in the pursuit of profits.

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.

Revealing the democratic and economic forces propelling history's most colorful criminals, The Invisible Hook establishes pirates' trailblazing relevance to the contemporary world.

Read more

About the author

Peter T. Leeson is the BB&T Professor for the Study of Capitalism in the Department of Economics at George Mason University.
Read more
3.6
7 total
Loading...

Additional Information

Publisher
Princeton University Press
Read more
Published on
Mar 31, 2009
Read more
Pages
288
Read more
ISBN
9781400829866
Read more
Language
English
Read more
Genres
Business & Economics / Economic History
History / Military / Naval
History / Modern / 18th Century
History / Modern / General
Read more
Content Protection
This content is DRM protected.
Read more
Read Aloud
Available on Android devices
Read more
Eligible for Family Library

Reading information

Smartphones and Tablets

Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.

Laptops and Computers

You can read books purchased on Google Play using your computer's web browser.

eReaders and other devices

To read on e-ink devices like the Sony eReader or Barnes & Noble Nook, you'll need to download a file and transfer it to your device. Please follow the detailed Help center instructions to transfer the files to supported eReaders.
Famed for his enduring fictional masterpieces Robinson Crusoe and Moll Flanders, Daniel Defoe also possessed considerable expertise in maritime affairs. As a commission merchant, importer, shipowner, and an active journalist who reported "ship news" and interviewed surviving pirates, Defoe achieved a high degree of authority on the subject of buccaneers. His knowledge was such that his book, A General History of the Pyrates, remains the major source of information about piracy in the first quarter of the 18th century.
Reprinted here in its entirety, this fascinating history abounds in tales of flamboyant outlaws and their bloody deeds: Captain Edward Teach, alias Blackbeard; Captain William Kidd, whose trial and execution created a sensation throughout London and the world; Bartholomew Roberts, one of the most successful pirates of the era, whose crews captured an estimated 400 prizes in three years; Mary Read and Anne Bonny, who disguised themselves as men to sail under the Jolly Roger with the ill-fated Captain John Rackham; and many more.
An engrossing blend of fact and fiction — incorporating Defoe's celebrated flair for journalistic detail — these lively tales of seafaring rogues and rascals and their ill-gotten gains will captivate armchair sailors, maritime enthusiasts and any lover of adventure on the high seas. This unique work has been edited by noted scholar Manuel Schonhorn, who has also supplied a provocative Postscript to the Dover Edition offering insights into the vast popularity of this subject in today's theater, movies, TV specials, magazine articles, lavish books, and maritime exhibitions. In an added "Note on the Author and the Text," Professor Schonhorn also examines the arguments for and against Defoe's very authorship of this important book.
©2018 GoogleSite Terms of ServicePrivacyDevelopersArtistsAbout Google
By purchasing this item, you are transacting with Google Payments and agreeing to the Google Payments Terms of Service and Privacy Notice.