Management Lessons from 17th Century Pirates
As a little boy I loved pirates. We often lived near the ocean and I had a number of pirate books, which I still have, that sparked my imagination. I was smitten by Disney’s Peter Pan and enjoyed recently the pure entertainment of the Pirates of the Caribbean series. But, honestly, I never thought I could learn a lesson or two about leadership and management from these lawless reprobates. 17th Century Sea Bandits.Peter Leeson in his wonderful paper An-arrgh-chy: The Law and Economics of Pirate Organization teaches us how 17th century pirates, or sea bandits as they were called [...]