September 1, 2009
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Adam Smith vs. Blackbeard
This sounds like a made-up book title, but oh, it’s real: The Invisible Hook, on “the hidden economics of pirates.” Caleb Crain writes it up:
Are pirates socialists or capitalists? Lately, it’s become hard to tell the categories apart.
(Via Omnivoracious’s neat meta-book-review.)



Comments
I like The Invisible Hook. It was a little repetitive
in places, but otherwise it was interesting look at pirates.
There was a great interview with the autor on econtalk a couple of month ago:
http://www.econtalk.org/archives/2009/05/leeson_on_pirat.html