Buried Treasure and Pirate Economics

Buried Treasure and Pirate Economics

Available on Prime Video, The Great Courses Signature Collection
S1 E5: Acquiring loot in one form or another was, and still is, a key part of pirate life. But very few would ever hit it big or try to bury their treasure on a deserted island. Explore the business aspect of piracy—incentive pay, expenses, and insurance—the few aspects of life pirates could control. Piracy was a "no prey, no pay" system, and the risk of no pay was very real.