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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.
Key sources on the economics of piracy, documented by Pennell (1998) include the following. An early study by Cyrus Karraker ((1953) Piracy was a Business) where Karraker discusses pirates in terms of contemporary racketeering. Patrick Crowhurst who documented French piracy and David Starkey who discussed British 18th century piracy. [2]
This is a list of known pirates, buccaneers, corsairs, privateers, river pirates, and others involved in piracy and piracy-related activities. This list includes both captains and prominent crew members. For a list of female pirates, see women in piracy. For pirates of fiction or myth, see list of fictional pirates.
Sources on the economics of piracy include Cyrus Karraker's 1953 study Piracy was a Business, [226] in which the author discusses pirates in terms of contemporary racketeering. Patrick Crowhurst researched French piracy and David Starkey focused on British 18th-century piracy.
K – Is used as an abbreviation for 1,000. For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an
Under the Black Flag : The Romance and the Reality of Life Among the Pirates. New York: Random House. Johnson, David E. 2002. Review: Of Pirates, Captives, Barbarians, and the Limits of Culture. American Literary History 14 (2) (Summer): pp. 358–375. Leeson, Peter T. 2007. An-arrgh-chy: The Law and Economics of Pirate Organization.
February – An act is passed by the House of Assembly of Jamaica (An Act For the Restraining and Punishing Privateers and Pirates. ) prohibiting trade with pirates. March – Pirate hunter Thomas Pain , allegedly commissioned by Jamaican Governor Thomas Lynch , leads a group of privateers in a raid against St. Augustine, Florida however they ...
Most pirates in this era were of Welsh, English, Dutch, Irish, and French origin. Many pirates came from poorer urban areas in search of a way to make money and of reprieve. London in particular was known for high unemployment, crowding, and poverty which drove people to piracy. Piracy also offered power and quick riches. [citation needed]