Author | Peter T. Leeson |
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Language | English |
Subject | Economics of piracy |
Genre | Economics |
Publisher | Princeton University Press |
Publication date | 2009 |
Publication place | United States |
ISBN | 0-691-13747-1 |
OCLC | 276340750 |
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.[1][2]
Leeson is an economics professor who has been credited with several respected positions throughout his career. Growing up with a strong admiration for pirates, he was inspired by piracy and how it intertwined with economics. The Invisible Hook explores several economic phenomena, including signaling and branding. The book also explores other themes including the implementation of democracy and constitutions, as well as tolerance and the use of conscription.
The book has been academically criticised, with many scholars praising Leeson's work for the books’ interesting insights and well thought-out ideas. The book also has opposing evaluations which offer insight from different points of view.[3][4][5]