81. Privateers! Their History and Future
- Author:
- Alexander Tabarrok and Alex Nowrasteh
- Publication Date:
- 01-2015
- Content Type:
- Journal Article
- Journal:
- Fletcher Security Review
- Institution:
- The Fletcher School, Tufts University
- Abstract:
- Government employment of private military firms is not a new phenomenon. During the Age of Sail, naval powers issued privateering licenses to shipowners, allowing and encouraging them to raid enemy commerce and attack foreign navies during times of war – a system that bears several similarities to modern military contracting. But private enterprise did not go to war in a legal vacuum. How do countries make the incentives for private security firms align with national policy in the 21st century?
- Topic:
- History, Maritime Commerce, Economy, and Trade
- Political Geography:
- Britain, Global Focus, United States of America, and Oceans