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This economic incentive was a significant factor in attracting individuals to piracy during the Golden Age of Piracy. [ 33 ] : 11–13 While many pirates were caught and punished by the state, untold numbers disappeared, some with their newly acquired riches.
Media Piracy in Emerging Economies is a report released by the Social Science Research Council in 2011. It contends that “high prices for media goods, low incomes, and cheap digital technologies are the main ingredients of global media piracy. If piracy is ubiquitous in most parts of the world, it is because these conditions are ubiquitous ...
Piracy flourished in the Caribbean because of the existence of pirate seaports such as Port Royal in Jamaica, [1] Tortuga in Haiti, and Nassau in the Bahamas. [2] Piracy in the Caribbean was part of a larger historical phenomenon of piracy, as it existed close to major trade and exploration routes in almost all the five oceans. [3] [4] [5]
Rather than a microscopic look at pirates functioning in a small region, putting them in the context of the Atlantic creates a more macroscopic image of pirates and piracy in the eighteenth century and sheds light on how pirates managed to impact European trade between Europe, West Africa, and the North and South American continents. The impact ...
Toggle Economic impact subsection. 2.1 ... A 2017 report by the Commission on the Theft of American Intellectual ... software piracy and the theft of copyrights and ...
The Invisible Hook: The Hidden Economics of Pirates is a non-fiction book detailing the similarities between economics and piracy.Author Peter T. Leeson (born July 29, 1979), shows in this book how pirates instigated democratic practices for their mutual profit, ideas which preceded the methods of society in the 16th century.
The economic cost of piracy in the Gulf of Guinea, encompassing stolen goods, security measures, and insurance expenses, has been estimated at approximately $2 billion. [ 9 ] According to the Control Risks Group , pirate attacks in the Gulf of Guinea had maintained a steady rate of around 100 attempted hijackings by mid-November 2013, ranking ...
The Piracy Act 1717 (4 Geo. 1.c. 11), sometimes called the Transportation Act 1717 (1718 in New Style [2]), [3] was an Act of the Parliament of Great Britain that established a regulated, bonded system to transport criminals to colonies in North America for indentured service, as a punishment for those convicted or attainted in Great Britain, excluding Scotland.