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140a. Political economy pt. I: The Social Order of the Underworld

Education Bookcast

CHAPTER

The Invisible Hook by Peter Leeson

Next part of this episode I'm going to talk about The Invisible Hook. Peter Leeson wanted to make economics exciting and sexy by doing it in the context of pirates. So we'll get into why that is and how that works shortly. In order to get into it I first want to talk about alternative theories, alternative perspectives on prison gang behavior or the existence of prison gangs. There are two leading theories. One is called deprivation theory and one is called importation theory.

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