4.7 • 4.3K Ratings
🗓️ 25 May 2009
⏱️ 72 minutes
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0:00.0 | Welcome to Econ Talk, part of the Library of Economics and Liberty. |
0:12.5 | I'm your host Russ Roberts of George Mason University and Stanford University's Hoover |
0:17.3 | Institution. |
0:18.7 | Our website is econtalk.org, where you can subscribe, find other episodes, comment on this podcast, |
0:25.8 | and find links to other information related to today's conversation. |
0:29.9 | Our email address is mailadicontalk.org. |
0:33.6 | We'd love to hear from you. |
0:38.2 | Today is May 18th, and my guest is Peter Leeson, BB&T Professor for the Study of Capitalism. |
0:44.2 | Here at the Department of Economics at George Mason University and the author of The Invisible |
0:48.6 | Hook. |
0:49.6 | Pete, welcome to Econ Talk. |
0:51.0 | Thank you very much for having me. |
0:52.8 | Our topic for today is the Economics of Pirate Life, the subject of your recent book, The |
0:57.6 | Invisible Hook. |
0:58.8 | You argue that Pirate Life was pretty orderly. |
1:02.1 | That's not really what we think of when we think of pirates. |
1:04.5 | We sort of think, I think of a bunch of guys running up the rig and they've got knives |
1:09.7 | and cutlaces or whatever else they've got in their teeth and it's kind of like a big |
1:13.8 | boil of fighting and scrumming and chaos, but that's not the case. |
1:19.6 | Well, it's interesting because I think that's certainly part of our popular image of pirates |
1:25.9 | is that there are these rogues which they were. |
1:28.1 | They were criminals and they were highly disorderly criminals and that's the way that they've |
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