Invisible hook. Hidden Pirates economy. Lyson P.T.

In the book of Peter T. Lyson, on the example of the history of the pirate communities of the beginning of the 18th century, the problems of economic balance in the conditions of a criminalized community are discussed. The motives and incentives for the behavior of members of such communities are opened in the book using modern methods of economic analysis and the theory of rational choice.

The book is a living story about real people and historical events. Peter T. Lyson shows that the economic efficiency of piracy required a democratic organization and strict rules governing the behavior of marine robbers.