On the Stealth of Nations

The reader might even be inspired to head to a wholesaler, pick up a few gross of cheap wind-up toys and open a stall at a flea market to resell the trinkets, marked up 50 per cent.

Why resist such an opportunity? According to the author Robert Neuwirth, this business of fake and semi-legal goods - variously known as the grey market, the unlicensed street market, the underground economy, the DIY economy, intellectual piracy, smuggling, the informal economy of the book's subtitle or, the author's favourite, System D - is an economic and sociological wonder.

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