PRESS COVERAGE FOR THE INVISIBLE HOOK
"Counterculture Warriors." Coverage of the author's paper on the economics of mutiny on 18th-century merchant ships in National Affairs.
"Incentives Matter." An interview with Stephen Dubner that points to the author's work on pirates on PopMatters.com.
"Of Pirateology." A review of Michael Crichton's Pirate Latitudes by Jennifer Schuessler that interviews the author on the economics of pirates in the New York Times.
"Pirate Exhibit in Norfolk Taps Into Pirate Craze." An article by Steve Szkotak on National Geographic's Real Pirates: The Untold Story of the Whydah from Slave Ship to Pirate Ship exhibit, which interviews the author and discusses his book in the Associated Press.
"Pirates." An interview with the author about his book on ABC National Radio.
"What Can be Learnt from Piracy?" An article by Daniele Archibugi on the author's book and its implications for understanding modern piracy on OpenDemocracy.net.
"Die Ökonomie der Piraten." An article by Kirsten Krumrey on the author's book, his views on government, and his approach to economics in the German newspaper Handelsblatt.
"Business-Savvy Sea Scoundrels." An op-ed by the author on what pirates teach us about recent proposals for regulating financial markets in Forbes.
"Aaaargh-onomics." A piece by Edward Glaeser on the author's book on the Economix/New York Times blog.
"Paying the Pirate's Price." An article by Veronique de Rugy discussing the author's proposal to privatize the ocean to combat modern pirates and the economics of modern sea banditry in Reason Magazine.
Planet Money. A podcast including an interview with the author on the economics of negotiating with pirates on National Public Radio.
"Who's Afraid of Somali Pirates?" An article by David Herbert discussing the author's views on the economics of the Somali pirate problem in the National Journal.
"The Reason.TV Talk Show, Episode 16." A video talk show with the author, Nick Gillespie, Michael Moynihan, and David Post discussing historical and cyber pirates on Reason TV.
"The Color of Pirating." An article by the author discussing racial tolerance among early 18th-century pirates on Wonders & Marvels.
"The Page 99 Test: The Invisible Hook." The author applies "the page 99 test" to his book ("Open the book to page ninety-nine and read, and the quality of the whole will be revealed to you" --Ford Madox Ford) on The Page 99 Test.
"U.S. Chase of Somali Assests Faces Rough Seas." An article by Tabassum Zakaria that considers the author's assessment of Hillary Clinton's proposal to fight piracy by cracking down on those who do business with pirates on Reuters.
"Pirate Economics 101." A Q&A with the author on the economics of pirates on the Freakonomics/New York Times blog.
"SEALs Succeed; Now Proceed with Caution." An editorial on dealing with the Somali pirates that references the author's suggestion of privatizing the ocean as a means of preventing piracy in The Orange County Register.
"Captain Freed from Pirates in Daring Rescue." An article by Mark Trumbull and Mark Sappenfield on the savior of Captain Phillips and what it means for the Somali pirate problem that includes some thoughts from the author in The Christian Science Monitor.
"In Defense of Pirates (The Old Time Ones)." An op-ed by the author arguing that 18th-century pirates were early experimenters with some of the modern world's most cherished values and deserve our defense on National Public Radio.
"Pete Leeson Proposes an Economic Love Story." A post by Jessica Pellien that discusses and links to a sampling of media coverage of the author's proposal to his girlfriend in The Invisible Hook on the Princeton University Press blog.
"A Written Proposal." A note on the author's marriage proposal to his girlfriend in The Invisible Hook in The Atlanta-Journal Constitution
"A Proposal by the Book." An article by Megan Eckstein on the author's marriage proposal to his girlfriend in The Invisible Hook in The Chronicle of Higher Education.
"Yo, Ho, Ho, and a Bottle of Love." An article by Hyung Lee on the author's marriage proposal to his girlfriend in The Invisible Hook in The Daily Princetonian.
"The State of Piracy." A post by Stephen Dubner that points to The Invisible Hook on the Freakonomics/New York Times blog.
"The Pirates' Code." An article by James Surowiecki discussing the author's research on pirate codes in The New Yorker.
"Arrrrrrrrrrrrrr!!!!" An article by Brendan Borrell discussing the author's research on pirates' constitutional democracy in Natural History.
"Can You Make an Algorithm Walk the Plank?" An interview with the author on Google's plan to float its data centers in the sea and what this says about businesses' threats from different kinds of pirates on the Freakonomics/New York Times blog.
"The Rise of Pop Economics." An article by Andrew Kemp mentioning the author's book as part of the burgeoning pop-econ phenomenon from the Institute of Public Affairs.
"The Dread Pirate Jobs." An article by Ken Hunt discussing the author's views on the relationship between 18th-century pirate practices and modern business strategies in The Globe and Mail.
An article by Thomas Dohm discussing the author's research on pirates, which I can't read a word of since it's in Danish, in Science Illustrated.
"Blackbeard Still Lives." An article by Jonathon Gatehouse discussing the author's views on the similarities between 18th- and 21st-century pirates in Maclean's Magazine.
"Pirates Ahoy." An article by Brad Hatch discussing the author's research on pirates and its lessons for modern corporate management in Boss Financial Review.
"Jack Sparrow, Democrat." A post by Carolyn O'Hara discussing the author's research on pirates as part of the "freakonomics" trend on the Foreign Policy blog.
"Profiting from Piracy." An article by Ed Charles discussing the author's views on what pirates can teach us about business and the financial crisis in In the Black.
REVIEWS OF THE INVISIBLE HOOK
"[T]he . . . reader will find in The Invisible Hook both an entertaining account of piracy's so-called Golden Age and an absorbing introduction to some of the most important ideas from economics. . . [This book] is among the best popular works of economics in recent years."
"Peter T. Leeson . . . puts salty flesh on the bones of the pirates' legend in The Invisible Hook, pulling off the formidable trick of being both rigorous and cheeky . . . . Leeson's lights . . . are bright and convincing . . . .[a] jaunty gem of a book . . . . his argument assuredly does bolster the Chicago School case that the dismal science pervades every human endeavor."
"Leave it to an economist to take our current obsession [with pirates] and peer under it in search of a new interpretation . . . . The Invisible Hook is an entertaining economic history of an era and a way of business rarely considered in such a way. Pirates were rational!"
"The Invisible Hook is an excellent book by one of the most creative young economists around, Pete Leeson."
"It’s Freakonomics meets Pirates of the Caribbean. Jack Hirshleifer meets Jack Sparrow. Fischer Black meets Blackbeard. Adam Smith meets Captain Hook . . . . Peter Leeson claims, 'A pirate ship more closely resembled a Fortune 500 company than the society of savage schoolchildren depicted in William Golding’s Lord of the Flies.' And by the end of the book, he had me convinced of it."
"Peter Leeson's The Invisible Hook argues that many of the founding principles of capitalist, liberal democracies are not rooted in the Glorious Revolution or the writing of the Declaration of Independence; but the incentive structures necessary to keep a group of rowdy ocean-bound outlaws working as a team of ruthless sea bandits."
"One of my favorite finds, this is an enjoyable read that discusses the management style, branding, employee recruitment and retention, compensation and incentives and strategic planning of pirates and why these systems were effective."
"[W]ell-documented and very readable . . . . covers pirates from bow to stern. In addition to some descriptions of high seas navigation, maneuvers and stealth that border on high adventure, Leeson supplies plenty of counterintuitive, even surprising, revelations about pirates . . . . And Leeson explains it all with economics . . . . Bottom line: Peter T. Leeson’s The Invisible Hook is an insightful hoot, and scores a couple of extra points for originality. Economics-minded readers who enjoy historical adventure or relish over-the-top ‘freakonomics’ should get a hearty yo-ho-ho out of this book. Not to mention a 360-degree brain twist before diving into that new Michael Crichton novel."
"What possible connection could there be between economics and a book on piracy? A lot, it turns out. Peter Leeson explains this seemingly bizarre connection in page after page of his witty new book, The Invisible Hook."
"Given the flurry of piracy off the Somali coast in 2009, this relatively short narrative could not be timelier. The Invisible Hook, a play on Adam Smith's famous 'invisible hand,' is an engaging, informative look at the economics of piracy and pirates . . . . Hook is a well-researched, well-written, fascinating volume that has something for almost everyone . . . Highly recommended."
--Choice
"[I]n his myth-busting book, The Invisible Hook, [Peter Leeson] . . . shows how the unseen hand of economic exchange produces social cohesion even among pirates."
"A brisk, clever new book, “The Invisible Hook,” by Peter T. Leeson, an economist who claims to have owned a pirate skull ring as a child and to have had supply-and-demand curves tattooed on his right biceps when he was seventeen, offers a different approach. Rather than directly challenging pirates’ leftist credentials, Leeson says that their apparent espousal of liberty, equality, and fraternity derived not from idealism but from a desire for profit."
"In the Pirates of the Caribbean movies, Jonny Depp makes for a cute actor of piracy. If such a thing be possible at the margin, Peter Leeson is a cute economist of piracy . . . . The book wittly demonstrates that economic theories and principles . . . can illuminate notable historical trends."
--Canberra Times
"[A]n eye-opener . . . . The Invisible Hook is a gripping read that sheds as much light on 21st century economics . . . as it does on 17th and 18th century piracy."
"Peter Leeson . . . has a fondness for pirates that is infectious . . . . a well-researched and entertaining book."
--Spectator Business
"Piracy has not been Leeson’s only obsession. The other has been economics. When he was 17 years old he had supply and demand curves tattooed on his right bicep . . . now the professor has brought his two enthusiams together in a wonderful (and wonderfully titled) new book. The Invisible Hook is his study of the hidden economics of piracy."
"Peter T. Leeson . . . has given us an engaging twofer of a book. On the one hand we have his guided tour through the grisly business practices of maritime bandit captains . . . who preyed on Atlantic and Caribbean shipping in the golden age of piracy, between 1716 and 1726. On the other hand is Leeson's guidance to the economic underpinnings of this swashbuckling age, in effect a sprightly presentation of some rudiments of Microeconomics 101.."
"[O]ne of the finest introductory courses in economics since Henry Hazlitt's Economics in One Lesson . . . . and rock solid in its scholarly bona fides."
"[S]cholarly but accessible . . . . Peter Leeson . . . examines the hidden order behind the anarchy of pirates."
"Peter Leeson . . . offers a fascinating perspective into the world of Blackbeard, 'Black Bart' Roberts and' 'Calico Jack' Rackham in his highly readable book . . . . [A]n engaging portrait of life on the 'floating societies' that existed under the skull-and-crossbones."
"Delightful and instructive . . . . The Invisible Hook is both entertaining and educational."
"[Leeson offers] not only a thumbnail history of piracy but important insights into the economic way of thinking . . . . fascinating, entertaining, and educational."
"[I]n The Invisible Hook, Peter Leeson deftly explodes piratical myths . . . . [The Invisible Hook] offers many colourful, meticulously researched insights into the behaviour of some of history's most colourful anti-heroes, and it will appeal to anyone with even passing interests in history, politics, sociology and/or economics."
"In The Invisible Hook . . . Peter T. Leeson digs into the dollars and cents of piracy. He urges us to see pirates as economic actors, their behavior shaped by incentives, just like the rest of us . . . . When Leeson is done guiding you through the pirate world, life on a rogue ship starts to look less like a Carnival cruise with cutlasses and cannons and more like an ongoing condo association meeting at sea . . . . Peter Leeson’s economical actors have an appeal all their own."
"[Leeson's] engaging account is fun to read and full of humor, qualities not often associated with an explanation of economic theory . . . . This reviewer speculates that if more economic texts were written like this one, there would be a glut of economics majors to compensate for the shortage of pirates roaming the Atlantic."
"Peter T. Leeson has done his part to dispel the pirate myths by using economic theory to explain pirate behavior and organization in his exemplary new book . . . . Mr. Leeson has produced a fresh perspective on an old topic . . . "The Invisible Hook" is quick-paced but thought-provoking. Based on this work, the reader should look forward to more books by the author."
"Leeson says history cannot explain all the piratical paradoxes. Only economics can disentangle the different strands."
--The Age
"Leeson's book is . . . entertaining, instructive, and inspiring . . ."
"Leeson hangs the meat of his pirate tale on a sturdy skeleton of economics . . . . The Invisible Hook is a delightful read, thanks to Leeson's engaging writing. He reduces a veritable mountain of facts and history into an entertainingly educational experience."
"Peter Leeson's book is very intriguing--and wickedly clever."
--Wonders & Marvels
"[A] jolly good read . . . . delightful and instructive . . . . "The Invisible Hook" is entertaining and educational, and it's certainly timely . . ."
"[A]n engaging and thorough portrait of high seas banditry that goes beyond the pop-culture stereotypes . . ."
Economist Leeson leads readers though a surprisingly entertaining crash course in economics in this study of high seas piracy at the turn of the 18th century . . . . Illustrated with salty tales of pirates both famous and infamous, the book rarely bogs down even when explaining intricate economic concepts, making it a great introduction to both pirate history and economic theory."
"A fresh and provocative take on the Golden Age pirates. Leeson writes with clarity and the depth of his research is impressive."
--Colin Woodard, author of The Republic of Pirates
"Peter Leeson has brought the economists' toolkit to the Spanish Main. Piracy is not just a great topic for Walt Disney movies, but also an important economic phenomenon. Leeson's excellent book helps us to understand who pirates were, and why they chose their infamous occupation. He uses economics to make sense of walking-the-plank and the Jolly Roger. This is a fun book, but also a volume rich with insights and analysis."
--Edward Glaeser, Harvard University
"Light of touch and truly eloquent, The Invisible Hook is a terrific read on a fascinating topic. This is a beautifully written book."
--Geoffrey Brennan, Duke University and University of North Carolina, Chapel Hill