“The Invisible Hook”

Could there be a better title for a book about the economics of piracy?

Maybe Christopher Caldwell’s attack on Peter Leeson’s account of the functioning of 18th-century pirate crews is accurate; I haven’t read the book and don’t know the history. As Caldwell relates it, Leeson’s attempt to draw a libertarian moral from the behavior of a bunch of murderers and slavers doesn’t sound at all plausible.

Still, you have to give Leeson credit for a great title, don’t you?

Author: Mark Kleiman

Professor of Public Policy at the NYU Marron Institute for Urban Management and editor of the Journal of Drug Policy Analysis. Teaches about the methods of policy analysis about drug abuse control and crime control policy, working out the implications of two principles: that swift and certain sanctions don't have to be severe to be effective, and that well-designed threats usually don't have to be carried out. Books: Drugs and Drug Policy: What Everyone Needs to Know (with Jonathan Caulkins and Angela Hawken) When Brute Force Fails: How to Have Less Crime and Less Punishment (Princeton, 2009; named one of the "books of the year" by The Economist Against Excess: Drug Policy for Results (Basic, 1993) Marijuana: Costs of Abuse, Costs of Control (Greenwood, 1989) UCLA Homepage Curriculum Vitae Contact: Markarkleiman-at-gmail.com