Jun 08 2009

institutions of trust in piracy and terrorism

by at 8:05 pm

We can transpose Greif’s comparative analysis of disparate economic groups to look at two of the emerging models for economic activity among the bottom billion. The two groups I have in mind are Al Qaeda and the Somali pirates. Although, at a first glance, these two networks may appear to be motivated more by destruction than by production and distribution, I would argue that we take a closer look, at the cultural grounds of each collection of actors. We may find that by comparing the structures and behaviors of each group, we can shed a great deal of light on the growth of economic institutions today. But first, we should generally characterize the cultural background of each group. Continue Reading »

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