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Jesse Walker, managing editor of Reason magazine, discusses the problem of Somalia-based piracy, the impracticality of a military defense against quick-attack pirates along a 2000 mile coastline, the disastrous history of international aid endeavors in Somalia and how market forces may prompt shippers to use alternate routes or private armed security.

Podcast: Play in new window | Download (Duration: 28:35 — 6.5MB)