Cautionary Tales with Tim Harford

Do NOT Pass GO!

May 28, 2021
Discover the hidden contributions of Lizzie J. Magie, the overlooked inventor of Monopoly, as her story reveals the systemic discrimination faced by female inventors. Delve into the controversial launch of Ms Monopoly and its mixed messages on gender empowerment, questioning its true impact on societal views. Explore the intricate history of the iconic game, the role of the Todds, and how monopolistic practices shape our economy today. Plus, learn why recognizing diverse voices in innovation is crucial for addressing ongoing disparities.
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ANECDOTE

Ms. Monopoly Launch

  • Hasbro released Ms. Monopoly, a version where women earn more than men.
  • This sparked controversy and raised questions about its message regarding gender equality.
ANECDOTE

Monopoly's True Origin

  • The popularized origin story of Monopoly, featuring Charles Darrow, is false.
  • Darrow learned the game from friends who adapted earlier versions.
ANECDOTE

Tracing Monopoly's Roots

  • The game's design, including a misspelling, directly copied pre-existing versions.
  • Monopoly's roots trace back through various individuals to Lizzie Magie's Landlord's Game.
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