Tag: economics
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Economics and Somali Piracy
How efficient is piracy as a method of transferring wealth to Somalia? Pirates generating ransoms could drive costs to industry up ten times the amount. Economics and Somali Piracy By […]
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Back to the Future
Three years on, this July 2009 interview makes interesting reading. For his story on the economics of Somali piracy, Wired contributing editor Scott Carney spoke to one of the ocean-going […]
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Taking Stock
Some of the big piracy “firms” have definite potential to take their companies public – in fact, some of them already have. Mohammed, a former pirate, told Reuters that “we […]
