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Behaviour Quote by Peter Middlebrook

“Pirates are the very essence of profit maximising entrepreneurs described in neoclassical economics. Yet, whilst films such as 'The Pirates of the Caribbean' and 'Butch Cassidy and the Sundance Kid' have gone a long way to popularise both pirates and outlaw behaviour, the truth of the matter is…” quote by Peter Middlebrook
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“Pirates are the very essence of profit maximising entrepreneurs described in neoclassical economics. Yet, whilst films such as 'The Pirates of the Caribbean' and 'Butch Cassidy and the Sundance Kid' have gone a long way to popularise both pirates and outlaw behaviour, the truth of the matter is that piracy is illegal, and it kills.”

Peter Middlebrook

About This Quote

Source Article: Piracy and Economics, 2010

Describes pirates as profit-driven entrepreneurs, but stresses piracy’s illegality and deadly consequences.

In simple terms: Pirates are profit seekers, yet illegal and harmful.

Key Takeaway

Respect law and ethical business.

Themes

economics ethics crime

Mood

critical analytical

Type

economic ethical

When to use this quote

  • business strategy
  • legal alternatives
  • policy making

Key Concepts

entrepreneurship illegal activity

Questions to Reflect On

  • How can we channel entrepreneurial spirit legally?
  • What policies reduce piracy effectively?
A Different Perspective

Some view piracy as a form of resistance against monopolies.

2.7 out of 5 (7 ratings)

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