We can learn a lot about the evolution of democracy by studying pirates in history, says George Mason University economist Peter T. Leeson.
As early as the 1670′s, pirates were experimenting with elected leadership, worker’s compensation and checks on executive power, the Boston Globe reports in this preview of Leeson’s forthcoming book The Invisible Hook: The Hidden Economics of Pirates.
On the other hand, high-seas piracy can also be the key to understanding 21st century terrorism, according to Douglas R. Burgess Jr.
Leeson previously wrote about the profit-maximizing strategies of pirates in his paper “Pirational Choice: The Economics of Infamous Pirate Practices.”
Dubner blogged about the economics of piracy here.
Pirates: Is there anything they can’t teach us?
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Probably can’t teach us much about sustainable business practices :-
They can also teach us about global warming:
http://www.venganza.org/about/open-letter/
The link between the decline of piracy and global warming expressed by the followers of the FSM seems to be clearly incorrect due to the simple fact that piracy is far from extinct, and there were more incidents of piracy in 2007 than previous years.
The link between the decline of piracy and global warming seems to be clearly incorrect due to the simple fact that it is absurd
Are pirates the key to understanding the world?
They arrrrr.
“Pirates: Is there anything they can’t teach us?”
Dental hygiene.
Actually the upswing in pirate activity over the last few years neatly coincides with the leveling off of global temperatures (the world hasn’t warmed in the last few years). The up tick in piracy in 2007 was accompanied by the coldest global winter in years. Since correlation is causation, the pastafarians have been proved correct: piracy levels control global warming. I, for one, welcome our new FSM overlords.
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