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Source: Course Spotlight: Mysteries and Marvels of Piracy – Academics & Research – Rollins 360

But the topic seems to beg me to pirate the article right?!?

So here it is via the criminal magic of cut & paste ;p

Course Spotlight: Mysteries and Marvels of Piracy

Examining the social and economic impacts of pirates throughout time—from Blackbeard to black-market bit streamers.

Phil Kozel, associate professor of economics, leads his Mysteries and Marvels of Piracy class in a study of the economics and politics on ship. (Photo by Scott Cook)Phil Kozel, associate professor of economics, leads his Mysteries and Marvels of Piracy class in a study of the economics and politics on ship. (Photo by Scott Cook)

Ever streamed a movie before it hit theaters? Swiped a copyrighted photo for use in a PowerPoint? Downloaded “free” music?

We might not be hoisting the Jolly Roger or plundering gold-laden treasure ships, but chances are we all have a little modern-day pirate in us.

Course Title

Mysteries and Marvels of Piracy

Instructor

Phil Kozel, associate professor of economics

Description

From the high seas to DVDs, this course explores maritime and digital piracy—acts that carry social and economic consequences, both good and bad. Beginning with the “golden age” of piracy in the Caribbean (early 1700s) to modern violations of intellectual property, students consider how piracy continues to exist and how it fundamentally changes society and culture.

“The class all knows about Capt. Jack Sparrow and the Hollywood version of pirates,” says Kozel, whose long beard exudes its own style of buccaneer bravado. “So it’s interesting for students to learn about the real historical figures. Where’d they come from? Why’d they do what they do? Pirates are a pretty remarkable group of people who don’t always fit the stereotypes.”

The course is broken into two parts: maritime piracy (historical and current) and intellectual piracy (property rights, digital, and biological).

Snapshot

When we stopped by class on January 26, the 19 students—all sophomores—were studying economics and politics on the ship. Peter Leeson’s The Invisible Hook—a twist on Adam Smith that reveals the self-serving democratic and economic forces behind historical maritime piracy—provided the basis for a lively conversation.

Student Perspectives

Mollie Thibodeau ’18, a communication studies major, has newfound appreciation for how piracy comes in many shapes and forms.

“I’ve quickly learned about the politics on a typical pirate ship,” she says, “the lifestyles of famous—or maybe infamous—pirates such as Blackbeard and Anne Bonny, and even how piracy relates to the new electronic day and age we have become so accustomed to.”

Kaylee Atwell ’18, an art studio major, has enjoyed studying the daring exploits of Colonial-era swashbucklers, as well as modern-day maritime pirates—such as those threatening the coast of Somalia and other well-traveled shipping lanes.

“They have more in common with piracy in the entertainment industry than many people realize,” she says. “This class is always entertaining and never fails to challenge my preconceptions of economic and social issues.”

Did You Know?

For some maritime pirates of yore, it wasn’t all about gold doubloons. Yes, they were still motivated by loot, but these legendary bandits had an ethical side as well.

“For example,” Kozel explains, “when most pirates would board a ship, the first thing they’d do is ask the crew what kind of captain they had. If he treated his sailors well, a lot of times he and his ship would be spared. When serving under a bad captain, however, many of the sailors would choose to become pirates themselves. That was just one of the ways of promoting justice on the high seas.”

(Photo by Scott Cook)(Photo by Scott Cook)

(Photo by Scott Cook)(Photo by Scott Cook)

(Photo by Scott Cook)(Photo by Scott Cook)

(Photo by Scott Cook)(Photo by Scott Cook)

(Photo by Scott Cook)(Photo by Scott Cook)

It gets a bit technical, but this is a good example of how arbitrary economics can get with data. I always tell my students how no matter how sophisticated the scientific toolbox, it inevitably boils down to telling stories. This doesn’t mean that some stories are not better then others! This article, for example, tells a good story in the appropriate context.
http://evonomics.com/why-economist-ignore-much-of-rich-peoples-income/?utm_source=Mailchimp&utm_medium=Email&utm_term=unpaid&utm_campaign=Newsletter

No Punkonomics live on WPRK91.5FM today :(

Posted: 2016/01/27 by Punkonomics (@dearbalak) in Links/Articles/Video

Sorry!

http://neweconomicperspectives.org/2016/01/will-led-financial-system-crisis-ever-face-charges.html

http://thearchdruidreport.blogspot.com/2016/01/donald-trump-and-politics-of-resentment.html?m=1

‘ The man is brilliant. I mean that without the smallest trace of mockery. He’s figured out that the most effective way to get the wage class to rally to his banner is to get himself attacked, with the usual sort of shrill mockery, by the salary class. The man’s worth several billion dollars—do you really think he can’t afford to get the kind of hairstyle that the salary class finds acceptable? Of course he can; he’s deliberately chosen otherwise, because he knows that every time some privileged buffoon in the media or on the internet trots out another round of insults directed at his failure to conform to salary class ideas of fashion, another hundred thousand wage class voters recall the endless sneering putdowns they’ve experienced from the salary class and think, “Trump’s one of us.”

The identical logic governs his deliberate flouting of the current rules of acceptable political discourse. Have you noticed that every time Trump says something that sends the pundits into a swivet, and the media starts trying to convince itself and its listeners that this time he’s gone too far and his campaign will surely collapse in humiliation, his poll numbers go up?  What he’s saying is exactly the sort of thing that you’ll hear people say in working class taverns and bowling alleys when subjects such as illegal immigration and Muslim jihadi terrorism come up for discussion. The shrieks of the media simply confirm, in the minds of the wage class voters to whom his appeal is aimed, that he’s one of them, an ordinary Joe with sensible ideas who’s being dissed by the suits.’