Good Guys With Guns Are Winning

Global acts of piracy continue to fall and have hit a seven-year low, according to the International Maritime Bureau (IMB).

A total of 49 incidents were recorded around the world in the first quarter of 2014, a level not seen since 2007 when there were 41 reported attacks.

Naval forces and armed guards continue to keep a lid on incidents off Somalia which accounted for just five of the total, the same number as the first quarter of last year, and no successful hijackings.

Well, at least good guys property owners with guns are winning. I think they are good guys, they've spent tens of millions of dollars for these vessels that bring us all sorts of things that we can't grow or make on our own and allow us to send things that we grow and make to other people, making all our lives better.  Surely, Thomas Piketty would disapprove, but to deal with all the shit that is required to buy, insure, crew, operate, and keep vessels from getting pirated, most ship owners make more than the median salary.

BTW, notice no jibberish about "root causes".  Last I checked, poverty/political stability in Somalia had not been cured.  But piracy is down.  Funny that.