Peter T. Leeson

WTF?! An Economic Tour of the Weird

WTF?! is a tour through a museum of the world’s weirdest practices—guaranteed to make you say, “WTF?!” Did you know that “preowned” wives were sold at auction in nineteenth-century England? That today, in Liberia, accused criminals sometimes drink poison to determine their fate? How about the fact that, for 250 years, Italy criminally prosecuted cockroaches and crickets? Do you wonder why? Then this tour is just for you!

You’ll be joined on the tour by a cast of colorful characters, led through the museum by me—your tour guide and resident economist. From one exhibit to the next, you’ll overhear my exchanges with the other tour-goers and learn how to use economic thinking to reveal the hidden sense behind seemingly senseless human behavior—including your own. I’ll show you that far from “irrational” or “accidents of history,” humanity’s most outlandish rituals are in fact ingenious solutions to pressing problems—developed by clever people, driven by incentives, and tailor-made for their time and place.

Editor: Judi Pajo

WTF?! An Economic Tour of the Weird

WTF?! An Economic Tour of the Weird

Peter T. Leeson WTF?! An Economic Tour of the Weird Stanford University Press 264 pages, 6.2 x 9 inches ISBN 978 1503600911

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The rest of this thread

1

In a nutshell

February 26, 2018

2

The wide angle

February 26, 2018

3

A close-up

February 26, 2018

Peter T. Leeson

Peter T. Leeson

Peter T. Leeson is the Duncan Black Professor of Economics and Law at George Mason University. He is author of the award-winning The Invisible Hook: The Hidden Economics of Pirates (Princeton, 2009) and WTF?! An Economic Tour of the Weird (Stanford, 2017). Leeson was a Visiting Professor of Economics at the University of Chicago, Visiting Fellow in Political Economy and Government at Harvard University, and the F.A. Hayek Fellow at the London School of Economics. Big Think listed him among “Eight of the World’s Top Young Economists.” He is a Fellow of the Royal Society of Arts.

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Judicial ordeals worked because defendants believed in them, and the water was not actually boiling.

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