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The Invisible Hook
''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. 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 wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter T
Peter may refer to: People * List of people named Peter, a list of people and fictional characters with the given name * Peter (given name) ** Saint Peter (died 60s), apostle of Jesus, leader of the early Christian Church * Peter (surname), a surname (including a list of people with the name) Culture * Peter (actor) (born 1952), stage name Shinnosuke Ikehata, Japanese dancer and actor * ''Peter'' (album), a 1993 EP by Canadian band Eric's Trip * ''Peter'' (1934 film), a 1934 film directed by Henry Koster * ''Peter'' (2021 film), Marathi language film * "Peter" (''Fringe'' episode), an episode of the television series ''Fringe'' * ''Peter'' (novel), a 1908 book by Francis Hopkinson Smith * "Peter" (short story), an 1892 short story by Willa Cather Animals * Peter, the Lord's cat, cat at Lord's Cricket Ground in London * Peter (chief mouser), Chief Mouser between 1929 and 1946 * Peter II (cat), Chief Mouser between 1946 and 1947 * Peter III (cat), Chief Mouser between 1947 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blackbeard
Edward Teach (alternatively spelled Edward Thatch, – 22 November 1718), better known as Blackbeard, was an English Piracy, pirate who operated around the West Indies and the eastern coast of Britain's Thirteen Colonies, North American colonies. Little is known about his early life, but he may have been a sailor on privateer ships during Queen Anne's War before he settled on the The Bahamas, Bahamian island of New Providence, a base for Captain Benjamin Hornigold, whose crew Teach joined around 1716. Hornigold placed him in command of a sloop that he had captured, and the two engaged in numerous acts of piracy. Their numbers were boosted by the addition to their fleet of two more ships, one of which was commanded by Stede Bonnet; but Hornigold retired from piracy toward the end of 1717, taking two vessels with him. Teach captured a French slave ship known as , renamed her ''Queen Anne's Revenge'', equipped her with 40 guns, and crewed her with over 300 men. He became a renown ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constitution
A constitution is the aggregate of fundamental principles or established precedents that constitute the legal basis of a polity, organisation or other type of Legal entity, entity and commonly determine how that entity is to be governed. When these principles are written down into a single document or set of legal documents, those documents may be said to embody a ''written constitution''; if they are encompassed in a single comprehensive document, it is said to embody a ''codified constitution''. The Constitution of the United Kingdom is a notable example of an ''uncodified constitution''; it is instead written in numerous fundamental Acts of a legislature, court cases or treaties. Constitutions concern different levels of organizations, from Sovereign state, sovereign countries to Company, companies and unincorporated Club (organization), associations. A treaty which establishes an international organization is also its constitution, in that it would define how that organiza ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Checks And Balances
Separation of powers refers to the division of a state's government into branches, each with separate, independent powers and responsibilities, so that the powers of one branch are not in conflict with those of the other branches. The typical division is into three branches: a legislature, an executive, and a judiciary, which is sometimes called the model. It can be contrasted with the fusion of powers in parliamentary and semi-presidential systems where there can be overlap in membership and functions between different branches, especially the executive and legislative, although in most non-authoritarian jurisdictions, the judiciary Independent judiciary, almost never overlaps with the other branches, whether powers in the jurisdiction are separated or fused. The intention behind a system of separated powers is to prevent the concentration of power by providing for #Checks and balances, checks and balances. The separation of powers model is often imprecisely and metonymy, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Autocratic
Autocracy is a system of government in which absolute power over a state is concentrated in the hands of one person, whose decisions are subject neither to external legal restraints nor to regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or other forms of rebellion). In earlier times, the term ''autocrat'' was coined as a favorable description of a ruler, having some connection to the concept of "lack of conflicts of interests" as well as an indication of grandeur and power. This use of the term continued into modern times, as the Russian Emperor was styled "Autocrat of all the Russias" as late as the early 20th century. In the 19th century, Eastern and Central Europe were under autocratic monarchies within the territories of which lived diverse peoples. Autocracy is the most common and durable regime type since the emergence of the state. History and etymology Autocracy comes from the Ancient Greek ''autos'' (Greek: αὐ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
18th Century
The 18th century lasted from January 1, 1701 ( MDCCI) to December 31, 1800 ( MDCCC). During the 18th century, elements of Enlightenment thinking culminated in the American, French, and Haitian Revolutions. During the century, slave trading and human trafficking expanded across the shores of the Atlantic, while declining in Russia, China, and Korea. Revolutions began to challenge the legitimacy of monarchical and aristocratic power structures, including the structures and beliefs that supported slavery. The Industrial Revolution began during mid-century, leading to radical changes in human society and the Natural environment, environment. Western historians have occasionally defined the 18th century otherwise for the purposes of their work. For example, the "short" 18th century may be defined as 1715–1789, denoting the period of time between the death of Louis XIV, Louis XIV of France and the start of the French Revolution, with an emphasis on directly interconnected ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nonfiction
Nonfiction, or non-fiction, is any document or media content that attempts, in good faith, to provide information (and sometimes opinions) grounded only in facts and real life, rather than in imagination. Nonfiction is often associated with being presented more objectively, like historical, scientific, or otherwise straightforward and accurate information, but sometimes, can be presented more subjectively, like sincerely held beliefs and thoughts on a real-world topic. One prominent usage of nonfiction is as one of the two fundamental divisions of narrative (storytelling)—often, specifically, prose writing—in contrast to narrative fiction, which is largely populated by imaginary characters and events, though sometimes ambiguous regarding its basis in reality. Some typical examples of nonfiction include diaries, biographies, news stories, documentary films, textbooks, travel books, recipes, and scientific journals. While specific claims in a nonfiction work may p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indentured Servant
Indentured servitude is a form of labor in which a person is contracted to work without salary for a specific number of years. The contract, called an " indenture", may be entered "voluntarily" for purported eventual compensation or debt repayment, or it may be imposed as a judicial punishment. Historically, it has been used to pay for apprenticeships, typically when an apprentice agreed to work for free for a master tradesman to learn a trade (similar to a modern internship but for a fixed length of time, usually seven years or less). Later it was also used as a way for a person to pay the cost of transportation to colonies in the Americas. Like any loan, an indenture could be sold; most employers had to depend on middlemen to recruit and transport the workers so indentures (indentured workers) were commonly bought and sold when they arrived at their destinations. Like prices of slaves, their price went up or down depending on supply and demand. When the indenture (loan) was paid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conscription
Conscription (also called the draft in the United States) is the state-mandated enlistment of people in a national service, mainly a military service. Conscription dates back to antiquity and it continues in some countries to the present day under various names. The modern system of near-universal national conscription for young men dates to the French Revolution in the 1790s, where it became the basis of a very large and powerful military. Most European nations later copied the system in peacetime, so that men at a certain age would serve 1–8 years on active duty and then transfer to the reserve force. Conscription is controversial for a range of reasons, including conscientious objection to military engagements on religious or philosophical grounds; political objection, for example to service for a disliked government or unpopular war; sexism, in that historically men have been subject to the draft in the most cases; and ideological objection, for example, to a perceived vio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead (business), overhead, wages, costs, and Profit (accounting), markup. Traditionally, professionals in the United Kingdom (and previously the Repu .... This definition is based on International Accounting Standard, IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, in the balance statement, revenue is a subsection of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jolly Roger
Jolly Roger is the traditional English name for the flags flown to identify a pirate ship preceding or during an attack, during the early 18th century (the later part of the Golden Age of Piracy). The flag most commonly identified as the Jolly Roger today — the skull and crossbones symbol on a black flag — was used during the 1710s by a number of pirate captains including Black Sam Bellamy, Edward England, and John Taylor. It went on to become the most commonly used pirate flag during the 1720s, although other designs were also in use. Name Use of the term ''Jolly Roger'' in reference to pirate flags goes back to at least Charles Johnson's ''A General History of the Pyrates,'' published in Britain in 1724. Johnson specifically cites two pirates as having named their flag "Jolly Roger": Bartholomew Roberts in June 1721 and Francis Spriggs in December 1723. While Spriggs and Roberts used the same name for their flags, their flag designs were very different, suggesting t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Societies
A society is a group of individuals involved in persistent social interaction, or a large social group sharing the same spatial or social territory, typically subject to the same political authority and dominant cultural expectations. Societies are characterized by patterns of relationships (social relations) between individuals who share a distinctive culture and institutions; a given society may be described as the sum total of such relationships among its constituent of members. In the social sciences, a larger society often exhibits stratification or dominance patterns in subgroups. Societies construct patterns of behavior by deeming certain actions or concepts as acceptable or unacceptable. These patterns of behavior within a given society are known as societal norms. Societies, and their norms, undergo gradual and perpetual changes. Insofar as it is collaborative, a society can enable its members to benefit in ways that would otherwise be difficult on an individual ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
