The added cost of writing down pirate rules was very small because, by the 1720s, anyone captured and suspected as a pirate was almost certain to be hanged regardless of whether the articles existed in writing.

causalpending

Speaker

Peter Leeson

Evidence Quote

the additional cost of writing your rules down conditional on being captured and suspected as a pirate is very very small the reason being that... you pretty much going to be hanged no matter what

Source

Peter Leeson on Pirates and the Invisible Hook 05/25/2009EconTalk
Created: 6/17/2026, 10:31:31 AM

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