![]() ![]() This work is a chapter book containing Leeson’s earlier writings. The idea behind Leeson’s book is that pirates are also driven by their self-interest, however rather than generating wealth, the “invisible hook” destroys wealth and allows pirates to pillage more freely. Smith’s concept outlined that an individual pursuing his self-interest is led by an invisible hand to promote societal interest. Leeson penned the title after Adam Smith’s “Invisible Hand” theory. Besides his teaching career, Leeson is known for exploring the obscure economic practices in different communities, including the democratic behaviour of pirates. Leeson earned the title of a Fellow of the Royal Society of Arts, and after holding faculty positions at both West Virginia University and the University of Chicago, he rose to the position of the Duncan Black Professor of Economics and Law at George Mason University. He cherished his skull ring from Disney World, appreciated the themes in “Goonies”, and when he became an economics professor combined his favourite interests to his professional career. ![]() Peter Leeson, an American economist, had a love for pirates all his life. The book also has opposing evaluations which offer insight from different points of view. 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 explores other themes including the implementation of democracy and constitutions, as well as tolerance and the use of conscription. The Invisible Hook explores several economic phenomena, including signaling and branding. Growing up with a strong admiration for pirates, he was inspired by piracy and how it intertwined with economics. Leeson is an economics professor who has been credited with several respected positions throughout his career. 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. The Invisible Hook: The Hidden Economics of Pirates is a non-fiction book detailing the similarities between economics and piracy.
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