Peter Middlebrook Quotes
In the long run, with profits from piracy greater than international finance mobilised to solve the problem, we can expect piracy to increase geographically and in sophistication.
Middlebrook, Peter. The Economics of Piracy: Pirate Ransoms and Livelihoods off the Coast of Somalia. Geopolicity Inc., 2011.
The Ship was British but a passanger ship. Over 1000 civillians were murdered, including 128 Americans. This moved American public opinion towards entering the war against Germany which soon thereafter ocurred,
Most Americans do not realize that our naval forces were disbanded after the Revolution and even the Constitution did not require a navy. We had some Federal revenue cutters to interdict smugglers but no warships and no permanent sailors or officers. The Barbary Pirates had an incredible extortion racket going in the Mediterranean. If nations would pay them an annual sum each year, they would not attack and seize merchant ships of that country and sell the ships and goods while holding the sailors for ransom. See {640850},86703,{640846} & {640848}
He was referring to the Algerian Barbary Pirates who had an incredible extortion racket going in the Mediterranean. If nations would pay them an annual sum each year, they would not attack and seize merchant ships of that country and sell the ships and goods while holding the sailors for ransom. Ames was well known for his hyperbole and fear of all the worst possible consequences. He was in many ways like some of the Tea Party of the 21st century who saw immigrants taking over the country and Muslim terrorists in attack on the United States. The Algerians did not have the inclination, skill, or shipbuilding skill to handle trans-Atlantic travel.
Peter J. Middlebrook (born 15 November 1965, in Lincoln, England) is an English development economist, Political Scientist, businessman and philanthropist. He is the CEO of Geopolicity Inc., as well as Chairman of a number of other companies. He specializes in Emerging Markets in the Middle East and North Africa, Central Asia and Horn of Africa and is a keen observer on issues related to globalization. He is best known for his work as an economic, security and political adviser to multilateral and bilateral organizations including the World Bank, European Union, United Nations and Government of the United Kingdom as well as global corporations covering energy, infrastructure, mining and water. He maintains a particular focus on investment finance and the privatization and transformation of national economies and productive infrastructure and other public goods, including energy markets. He originated the concept and framework for right-financing as a practical tool to guide both private and public investment. Middlebrook currently resides in Dubai, the United Arab Emirates.