Over at VC there is a great post by Prof Peter Leeson about the economics of Somali Piracy, Despite the surge in Somali piracy and encouragement from some employees of the U.S. government, commercial ships aren’t choosing to put armed guards on their vessels. And with good reason: given present conditions, anyway, it’s a bad [...]
Filed under: Business, Economics, Sociology, Somali Pirates | Tagged: somali piracy, Somali Pirates | 1 Comment »
Somali pirates want revenge not money after the captain of USS BAINBRIDGE was rescued.
Filed under: Business, Crime, Military, Navy, Politics, Somali Pirates | Tagged: pirates only want money, Somali Pirates, uss bainbridge | Leave a Comment »
Somali pirates receive bounty for Ukrainian freighter loaded with weapons.
Filed under: Business, Crime, GWOT, Military, Navy, Politics, Somali Pirates, Technology, War, War on Terrorism | Tagged: randy moss, Somali Pirates, straight cash homey, straight cash homie, ukrainian freighter pirates | 1 Comment »
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