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Episode 31

Peter Leeson on Why Trial-by-Fire Wasn’t Barbaric and Why Pirates Were Democratic

He’s an economist who studies even weirder things than Steve. They discuss whether economics is the best of the social sciences, and why it’s a good idea to get a…


Episode 490

What Do Broken-Hearted Knitters, Urinating Goalkeepers, and the C.I.A. Have in Common?

Curses and other superstitions may have no basis in reality, but that doesn’t stop us from believing.

Episode 174

What Do King Solomon and David Lee Roth Have in Common?

It isn’t easy to separate the guilty from the innocent, but a clever bit of game theory can help.

Freakonomics meets Pirates of the Caribbean

…interesting insights quickly won me over to Leeson’s work. More recently, I was lucky enough to have Leeson, who is a professor at George Mason University, spend the fall quarter…



Episode 59

Who Gives the Worst Advice?

Steve usually asks his guests for advice, whether they’re magicians or Nobel laureates. After nearly 60 episodes, is any of it worth following — or should we just ask listeners…


The Economics of Gypsies

My friend Pete Leeson is one of the most original and creative economists I know.? First, he wrote about pirate economics (he was even kind enough to write three guest…




No News Really Is Good News

…which the article says is already happening). Kind of like the Scarecrow Effect, noted earlier here. 3. Nick Leeson, the onetime British rogue trader who brought down Barings Bank by…




The X-Files, Economics Edition: A Guest Post

Peter Leeson is the BB&T Professor for the Study of Capitalism at George Mason University. He is particularly interested in the economics of 18th-century pirates, as reflected in his forthcoming…




The State of Piracy

…of economist/pirate scholar Peter Leeson. His book on the subject, The Invisible Hook, will be published next month. In the meantime, those of you looking for a pirate fix should…



The Economics of Book Covers

Marginal decisions to increase the net of revenue minus costs arise in non-profit organizations as much as in companies. The designers of a recent book, Peter Leeson‘s The Invisible Hook…