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The Invisible Hook : The Hidden Economics of Pirates by Peter T. Leeson is a business book available to read on EtoBox.

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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 drinki

Who reads The Invisible Hook : The Hidden Economics of Pirates?

Author

Peter T. Leeson

Publisher

Princeton University Press

Published

2009

Language

EN

ISBN

9781400829866

Category

business

Subjects

History, Economics, Anthropology

Rating

3.65 / 5 (472 ratings)

Updated

2026-03-14