Black market

A black market, underground economy, or shadow economy is a market in which goods or services are traded illegally. The key distinction of a black market trade is that the transaction itself is illegal. The goods or services themselves may or may not be illegal to own, or to trade through other, legal channels. Because the transactions are illegal, the market itself is forced to operate outside the formal economy that is supported by the established state power. Common motives for operating in black markets are to trade contraband, avoid taxes and regulations, or skirt price controls or rationing. Typically the totality of such activity is referred to with the definite article as a complement to the official economies, by market for such goods and services, e.g. "the black market in bush meat".

The black market is distinct from the grey market, in which commodities are distributed through channels which, while legal, are unofficial, unauthorized, or unintended by the original manufacturer, and the white market.

Black Market (disambiguation)

A black market is a covert trade in illegal or stolen goods.

Black Market may also refer to:

See also

Black Market (Weather Report album)

Black Market is an instrumental jazz fusion album released by Weather Report in 1976. This album was produced by Joe Zawinul and Wayne Shorter. It was recorded in December 1975 and released in April 1976 through Columbia Records. Columbia released it again as a digitally remastered CD in 1991.

This is Weather Report's seventh overall album and the first with the bass player Jaco Pastorius who features on two tracks. The album draws heavily from African influences and its style could be described as "world fusion". The second song, "Cannon Ball" is tribute to Zawinul's then recently deceased former band leader, saxophonist Julian "Cannonball" Adderley.

Track listing

Side A

Side B

Personnel

No Guts...No Glory (Molly Hatchet album)

No Guts...No Glory is the fifth studio album by American southern rock band Molly Hatchet, released in 1983 (see 1983 in music). Original vocalist Danny Joe Brown returns for this recording, with a new rhythm section composed of bassist Riff West (ex-White Witch) and drummer Barry Borden (ex-Mother's Finest). It is their only album not to feature an epic, fantasy themed cover.

The cover photo for the album was reportedly shot at Six Gun Territory, a now defunct theme park in Ocala, Florida.

The album contains the popular song, "Fall of the Peacemakers", which includes overt references to John Lennon. During the tour to support the album, guitarist Steve Holland left the band to be replaced by keyboard player John Galvin.

"What's It Gonna Take", written by Gary O'Connor, was also recorded by the band Fast Forward and appears on their 1984 album Living in Fiction.

Reception

Mark Mehler of Record summarized the album as 'mainly a routine blend of hard-core southern rock ("Sweet Dixie", "Ain't Even Close") and mainstream pop/rock ("What Does it Matter?", "Kinda Like Love"). ... The use of keyboards provides a nice change of pace, but there is really very little here we haven't heard many times before, done a lot better.' However, he made special mention of "Fall of the Peacemakers", describing it as 'an eight-minute-plus song that purports to lament the murders of John Kennedy and John Lennon, but actually is an excuse for an extra six minutes of macho boogie riffing. ... a stale, southern-style rewrite of "Abraham, Martin & John"'.

No Guts No Glory (Airbourne album)

No Guts. No Glory. is the second studio album by the Australian hard rock band Airbourne and the follow-up to their 2007 debut Runnin' Wild. The album was released on 8 March 2010, in Europe, Canada, Japan and Australia and on 20 April 2010 in the US.

The first single from the record was "No Way But The Hard Way," and was made available on iTunes on 9 February 2010.

Track listing

All songs written by Joel O'Keeffe and Ryan O'Keeffe.

Special Edition bonus tracks

No Guts, No Glory (moe. album)

No Guts, No Glory is an album by the American rock band moe. Their eleventh studio album, it was released by Sugar Hill Records and Vanguard Records on May 27, 2014.

The digital download and vinyl versions of the album contain three bonus tracks.

Recording

According to moe. bassist and vocalist Rob Derhak, "Basically, everything we started out to do turned into completely something else. An album that was supposed to be an acoustic based album recorded in a barn turned into a hard rock album recorded in Connecticut with a hip-hop producer. Go figure."

Critical reception

On jambands.com, Bill Clifford wrote, "No Guts, No Glory is a fitting title for the eleventh studio release from upstate New York’s improv rock stalwart moe. Having been making music together for nearly a quarter of a century, the quintet had intended to record an acoustic album, having previously recorded a bonus set of songs acoustically for their last studio recording. However, the band set those plans aside and threw caution to the wind, but it's a risk that has paid off."