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074: Peter Leeson on The Invisible Hook: The Hidden Economics of Pirates

074: Peter Leeson on The Invisible Hook: The Hidden Economics of Pirates

FromEconomic Rockstar


074: Peter Leeson on The Invisible Hook: The Hidden Economics of Pirates

FromEconomic Rockstar

ratings:
Length:
56 minutes
Released:
Feb 25, 2016
Format:
Podcast episode

Description

Peter T. Leeson is Duncan Black Professor of Economics and Law at George Mason University.
He is also a Senior Fellow at the F.A. Hayek Program for the Advanced Study of Philosophy, Politics, and Economics as well as the North American Editor of Public Choice.
Peter is author of The Invisible Hook: The Hidden Economics of Pirates and Anarchy Unbound: Why Self-Governance Works Better Than You Think.
In this episode you will learn:

why Peter decided to study the economics of pirates.


the similarities between The Invisible Hand and The Invisible Hook.


how pirates were rational thinkers and social revolutionaries.


how the Pirate Code created a social order that was economically beneficial to the crew.


why unemployed sailors became buccaneers and pirates.


the signalling effect of the Jolly Roger flag and why pirates used it as they approached a merchant ship.


and much much more.


Check out the show notes page for all resources and links mentioned in this episode at www.economicrockstar.com/peterleeson

 
Released:
Feb 25, 2016
Format:
Podcast episode

Titles in the series (100)

Economic Rockstar is created for you, the economist, financial analyst, teacher or student. If you are looking to expand your knowledge in economics and finance, Frank Conway delivers the information you just don't want to miss. Economic Rockstar brings to you each week an economist, financial analyst or business leader who shares their experiences, research interests or ideas. Hear their views on different schools of economic thinking - Chicago, Austrian, Keynesian and Classical, behavioral economics, stock markets, and how economics and finance can be used in our everyday lives. Economic Rockstar interviews top-level lecturers and academics from highly renowned universities, best-selling authors and bloggers, inspirational CEOs and business leaders, as well as amazing and thought-provoking people who have recently discovered economics and finance and are carving out a career in their new-found passion. Guests in each episode gives us wonderful advice, takeaways and insights that will help you become part of the Economic Rockstar community which is 'Connecting Brilliant Minds in Economics and Finance'.