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- [00:00]
Malcolm Gladwell
Foreign.
- [00:09]
Tim Harford
Amazon One Medical Presents Painful Thoughts.
- [00:14]
Helena Bonham Carter
I could catch anything sitting in this doctor's waiting room. Okay, just wiped his runny nose on my jacket and the guy next to me sitting in a pool of perspiration insists on sharing my armrest.
- [00:28]
Tim Harford
Next time, make an appointment with an Amazon One Medical provider. There's no waiting and no sweaty guy. Amazon One Medical Healthcare just got less painful.
- [00:39]
Malcolm Gladwell
Hello. Hello there. This is Malcolm Gladwell from Revisionist History In a world full of ordinary, is a brand that dares to be different. Picture this a sleek design that makes every driveway feel like a Runway. Feel the rush of precision engineering as power meet sophistication with every turn. It's not just a drive, it's an experience, a symphony of performance and refinement, harmonizing on the open road. When you're behind the wheel, the question isn't where you're going, but how incredible the journey can be. So buckle up and embrace the extraordinary, because when the road calls, only one answer will do. BMW the Ultimate Driving Machine Learn more at BMW USA when it comes to finding the best financial products, have you ever wished someone would do the heavy lifting for you? Take all that research off your plate? Me too. Let me introduce Nerd Wallet's 2025 Best of Awards. The nerds already did the heavy lifting, reviewing over 1100 financial products like credit cards, savings accounts, and more to bring you only the best of the best. Check out the 2025 Best of Awards today@nerdwallet.com awards.
- [02:00]
Tim Harford
Happy New Year. Did you pull out a board game over the holiday season? Did you play nicely? Or did it quickly descend into acrimony, name calling, and accusations of cheating? The game that seems to bring out the killer instinct in even the kindest of grannies is Monopoly. The cutthroat activity sees players try to amass fortunes while gleefully making opponents bankrupt. But it wasn't meant to be like that. It may surprise you to know that the inventor of the game imagined a far gentler, kinder pastime. But as I learned researching the history of Monopoly, her ideals and her name were squeezed out of the origin story. So take a break from your own gaming to listen again to a classic cautionary tale featuring the voice talent of Helena Bonham Carter as the inimitable Lizzie McGee. Whatever you do, do not pass go. In September 2019, the Toy and game giant Hasbro struck a blow in the battle over women's rights. Although it's not quite clear which side they were on, they published Ms. Monopoly, putting a new spin on Their classic board game. The tagline for this new version was the first game where women make more than men. They're not kidding. Female players start the game with more Monopoly money than male players and they get $240 each time they pass go rather than the traditional $200 for the boys. Why exactly is not clear. Some sort of joke? It wasn't even a consistent joke. Some of the Chance and Community Chest cards paid out more cash to male players. So what is the message? Women have been unfairly treated. Women need help to win. We don't actually know what feminism means, we. There is, however, one feature of the game that's hard to criticise. Instead of buying properties from around Atlantic City as in the classic game, players invest in inventions that were developed by women, such as Marian Donovan, the inventor of the leak proof diaper, Anna Connolly, the inventor of the external fire escape and Hedy Lamarr, the film star who in the 1940s co invented frequency hopping radio transmissions, a precursor to today's WI fi in musmonopoly. Each square represents one of these inventions. For example, instead of buying the prestige property Boardwalk, you could invest in chocolate chip cookies invented by Ruth Wakefield. And it's hard to argue with the sentiments expressed in Hasbro's advertisement for Ms. Monopoly, which begins with the simple Women hold just 10% of all patented inventions. The Ms. Monopoly game was widely derided as a confusing mass of mixed messages. But the miss Monopoly advert asks a simple, powerful isn't it time that the inventiveness of women was finally acknowledged by and rewarded? Well, isn't it? I'm Tim Harford and you're listening to Cautionary Tales. You may be familiar with the traditional story about the origins of Monopoly. I remember reading it myself as a child, which isn't surprising since the story itself was for decades included in every game box. The story goes as in 1933, the bleakest depths of the Great Depression, an unemployed steam radiator repairman from Philadelphia named Charles Darrow was struck with an idea to create a new board game about property trading. It was an act of desperation because Darrow had no money and a family to feed. But it was also an act of inspiration, since the game sprang fully formed from the brow of its creator. Darrow drew out the game board on a sheet of oilcloth. The board featured the familiar street names of Atlantic City, where Darrow once enjoyed taking his wife and children on vacation. It was a nostalgic decision aimed at cheering up a family that had fallen on hard times. The Darrows loved the game. Suspecting that he'd created something valuable, Charles Darrow tried to interest the big board game distributors. Milton Bradley turned him down. So did Parker Brothers. However, they later reconsidered when they saw how popular Darrow's homemade sets were. With the backing of Parker Brothers, Monopoly became a smash hit. Charles Darrow's fortune was assured, as was his reputation as the creator of one of the most successful games in the world. But as the journalist and historian Mary Pollon says in her book the Monopolists, the story wasn't exactly true. That's putting it kindly, because, as Polon's book makes perfectly clear, the story I read in my game box isn't true at all. The game of Monopoly did not come to Charles Darrow in a flash of inspiration. It was taught to him by his friends Charles and olive Todd. In 1932, the Todds played on a board with Go Jail Free Parking and Go to Jail at the Four Corners. With Chance and Community Chest, with the Electric Company and the waterworks and street names from around Atlantic City. When drawing up his Monopoly board, Charles Todd even made a mistake in the spelling of Marvin Gardens, swapping in an I to become Marvin Gardens. Charles Darrow's Monopoly board would later use not only the same squares in the same configuration with the same deed values. It would even repeat the same spelling error. After several evenings, pleasantly wild. Away with the game. Say, Todd, would you mind lending me a copy of the rules of that game?
- [09:12]
Malcolm Gladwell
Well, Darrow, I don't know. I've never written them down. Why do you want them?
- [09:17]
Tim Harford
I'd love to teach it to others. I want to make sure I get it right. Charles Todd was a little puzzled, but he obliged his friend. Soon after, to Todd's irritation, Darrow started avoiding him. He'd crossed the street when the Todds were coming the other way. Then came the blockbuster success of Monopoly with sparky graphics that Charles Darrow had begged free of charge from another friend, the cartoonist Franklin Alexander. Journalists repeated the rags to riches yarn that Darrow was spinning. Darrow's former friends, Charles and Olive Todd, were outraged, but not because they felt their idea had been stolen. They knew all along that Monopoly had never belonged to them in the first place. They had been taught the game by their friends, the brothers Jesse and Eugene Rayford. Jesse and Eugene had been the ones who named squares on the board after areas in Atlantic City. But they hadn't invented Monopoly either. They'd adapted a version they'd been taught by Ruth Hoskins, who was a trainee schoolteacher. So did Ruth Hoskins invent the game? No. It was circulating widely in the 1920s. It was even popular in economics departments. One influential player, Scott Nearing, was a socialist economics professor at the Wharton School who used a version of the game to teach the evils of corporate monopolies. This game was called Monopoly, and the square board had plenty of recognizable elements with 40 spaces, including chance, jail, go to jail, and numerous properties. But there were two ways to play the game. It could be played competitively as players tried to monopolise groups of property and bankrupt their opponents. Or it could be played cooperatively, with resources paid into the public purse, utilities supplying services for free, and each player's resources growing over time. The cooperative game was, of course, very dull. But Monopoly wasn't invented at the Wharton School. Professor Scott Nearing learned it in the utopian community called Arden in Delaware. Arden had been founded in 1900 and organized according to the principles of the economist, journalist, and social reformer Henry George. Henry George's most famous idea was that all land and natural resources ultimately belonged to society as a whole, so whoever owned them should be paying a hefty tax. And it was Henry George's idea of this single tax that the Arden version of Monopoly was designed to explore. This game, the progressive heaven or capitalist hell version of Monopoly, was called the Landlord's Game. Did the radical folk of Arden invent the Landlord's Game? No. It was dreamed up by a remarkable woman named Lizzie Magee. And is Lizzie Magee celebrated on the Ms. Monopoly board? I think you can guess the answer to that question. Cautionary tales will return in a moment. Amazon One Medical presents painful thoughts.
- [12:55]
Helena Bonham Carter
I could catch anything sitting in this doctor's waiting room. A kid just wiped his runny nose on my jacket, and the guy next to me sitting in a pool of perspiration insists on sharing my armrest.
- [13:08]
Tim Harford
Next time, make an appointment with an Amazon One Medical provider. There's no waiting and no sweaty guy. Amazon won. Medical healthcare just got less painful.
- [13:21]
Malcolm Gladwell
This is Malcolm Gladwell from Revisionist History. So we are. We're sitting in what?
- [13:28]
Tim Harford
We're sitting in a 1988 BMW 325is.
- [13:32]
Malcolm Gladwell
And describe the way in which it's been modified. It has no interior.
- [13:37]
Tim Harford
That's where it begins.
- [13:40]
Malcolm Gladwell
Not even a steering wheel is running it down. Yeah, right now there's no steering wheel. Although I can.
- [13:44]
Tim Harford
I can fix that in a second.
- [13:46]
Malcolm Gladwell
And what's the appeal of a late 80s BMW 325?
- [13:50]
Tim Harford
Well, it's almost like the Perfection of.
- [13:52]
Malcolm Gladwell
A recipe that BMW began in the 60s which is to take, you know.
- [13:57]
Tim Harford
A really beautifully made inline six engine, rear wheel drive and just like an incredibly balanced and fun to drive car. Yeah, yeah. Let me give a little, little sneak peek.
- [14:12]
Malcolm Gladwell
I need to connect the battery.
- [14:15]
Tim Harford
The battery is disconnected.
- [14:16]
Malcolm Gladwell
Wait there. The battery is in the back of.
- [14:18]
Tim Harford
The battery is actually under the rear seat.
- [14:20]
Malcolm Gladwell
Oh, I see. Just. That's it. That's so it has an absolutely perfect balance between front and rear.
- [14:25]
Tim Harford
Rear.
- [14:25]
Malcolm Gladwell
Rear way. Exactly.
- [14:27]
Helena Bonham Carter
Yeah, yeah.
- [14:27]
Malcolm Gladwell
So yes.
- [14:28]
Tim Harford
Turn it on. Let's hear it. Oh yes. And this is you.
- [14:40]
Malcolm Gladwell
This is your first BMW. My second. Oh no, Lucas, you can't say that. You have to say it. Wait, what was your second? What was your first?
- [14:47]
Tim Harford
It was a 1989 535i. Oh yes, this is.
- [14:52]
Malcolm Gladwell
But you own that with a bunch of other people.
- [14:54]
Tim Harford
Yeah, yeah. So this is my first. My true, my first, you know, sole BMW. Solely owned, solely on BMW.
- [15:01]
Malcolm Gladwell
Okay, wonderful. Whether it's a vintage 3 Series or the all new 20253 Series, you'll never forget your first BMW. The new 3 Series combines mind blowing driving dynamics with modern style. Offering a striking sports sedan that thrills on every ride. With innovative technology, intelligent driver assistance systems and bold design inside and out, the three series makes every journey unforgettable. Learn more at BMW USA.com Nurse Listener A new year is finally here. And if you're anything like me, you've got a lot on your plate. Habits to build, travel plans to make, mocktail recipes to perfect. Good thing our sponsor NerdWallet is is here to take one thing off your plate. Finding the best financial products, introducing NerdWallet's best of awards. List your shortcut to the best credit cards, savings accounts and more. The nerds have done the work for you. Researching and reviewing over 1100 financial products to bring you only the best of the best. Looking for a balance transfer credit card with a 0% APR? They've got a winner for that. Or a bank account with a top rate to hit your savings goals. They've got a winner for that too. Know you're getting the best products for you without doing all the research yourself. So let NerdWallet do the heavy lifting for your finances this year and head over to their 2025 Best of Awards at NerdWallet.com awards to find the best financial products today.
- [16:51]
Tim Harford
Unlike Charles Darrow, the man who claimed to have invented Monopoly, Lizzie Magee was a true original.
- [17:00]
Helena Bonham Carter
I'm thankful that I was taught how to Think and not what to think.
- [17:07]
Tim Harford
When Magee created the original Monopoly style game, it was the early 1900s. Here's how Mary Plon's history of Monopoly describes Magee. A distinctive looking woman in her 30s, with curly dark locks and bangs that framed her face. Lizzie had inherited the bushy eyebrows of her father, the descendant of Scottish immigrants. She had pale skin, a strong jawline and a strong work ethic, quite as an unmarried woman, unusual at her age. Working as a stenographer, she had little prospect of acquiring material comforts. Yet she had saved and bought herself a home and a substantial parcel of land near Washington D.C. liz's father had been a journalist and campaigner, the editor of an abolitionist newspaper and a devoted supporter of Abraham Lincoln. She too was politically active. Like the community at Arden, Lizzie Magee was a Georgist, a committed follower of the ideas and ideals of Henry George. She was friends with Henry George Jr. The son of the great man himself. And she was the secretary of the Georgist organisation, the Woman's Single Tax Club of Washington. Henry George had died suddenly in 1897 while running to be the mayor of New York City. 100,000 people lined up to pay their respects to his funeral casket. His followers, including Lizzie Magee, had felt bereft and determined to carry on the fight for Georgist policies. But what could Magee do? A progressive in a capitalist world, a woman in a man's world. She was desperate for social change but felt frustrated in what she could achieve. Mary Polonne's description of her conjures a powerhouse of creativity. Magee wrote poems about unrequited love. She wrote essays on Georgist taxation. She wrote stories too, including one, the.
- [19:17]
Helena Bonham Carter
Theft of a Brain, about a young.
- [19:19]
Tim Harford
Woman whose brilliant idea is plagiarized. But none of these creative projects really broke through. Magee was frustrated. How to get the message across? How to achieve lasting change?
- [19:33]
Helena Bonham Carter
Let the children once see clearly the gross injustice of our present land system and when they grow up, the evil will soon be remedied.
- [19:44]
Tim Harford
Yes, how to reach the children. What better method than through a board game? Lizzie McGee's the Landlord's Game would evolve and become more popular than she could ever have imagined. By the 1930s it existed in several popular versions, all of which took the competitive rather than cooperative approach. There was finance, sold by the Knapp Company, inflation, sold by Rudy Copeland of Fort Worth, Texas, and easy money, sold by Milton Bradley. But Lizzie McGee herself had been almost forgotten and so had the subversively educational version of her game. It turns out that when people play board games they'd rather try to crush their opponents than all accumulate resources together without obstacle or incident. No single person created Monopoly any more than a single person created chess or poker. But if you wanted to pick out the one creative soul who, who deserved the most credit, there is no question that it would be Lizzie Magee. So how come it was Charles Darrow and not Magee who became known as the lone genius who invented Monopoly? Remember the advertisement for Ms. Monopoly? Hasbro, the company that absorbed Parker Brothers, began with a lamentation. Women hold just 10% of all patented inventions. This situation is finally improving. Women made up less than 10% of patent holders born in the 1940s, but more than 15% of patent holders born in the 1970s. As millennials take over the process of patenting, who knows, we might get as high as 20% before long. In fact, we're on course to achieve gender parity in patents as early as the year 2135. Cheer up. So why has progress been so slow? One of the scholars who's been searching for answers is the economist Lisa Cook of Michigan State University. Professor Cook studies why certain groups of people seem to be shut out from the innovation economy, in particular, African Americans and women. For many decades, women had less than equal access to high quality education, especially technical education. For example, in the early 1950s, Eleanor Ostrom wanted to study economics at UCLA, but she was rejected because she didn't have the mathematical skills. She didn't have the mathematical skills because as a schoolgirl, she had been steered away from the subject because of her gender. Thankfully, Eleanor Ostrom had the last laugh. In 2009, she was the first woman to win the Nobel Memorial Prize in economics. It was astonishingly late for the profession to recognise the first female laureate, but as Lynn Ostrom was quick to say, she wouldn't be the last. As a result of both overt and subtle discrimination, women have been underrepresented in technical subjects such as mathematics, economics and engineering. That is changing, but slowly. Between 1970 and 2014, the proportion of PhDs in science, technology, engineering and mathematical subjects that were awarded to women more than quadrupled. And if a lack of educational opportunity is a problem, so too is a lack of mentors. A huge study conducted by a team of economists led by Raj Chetty of Harvard found that young people were far more likely to become inventors if they could see other inventors around them, especially if their own parents were inventors. Gender matters. Here, for example, female inventors seem to be far more inspiring to girls than. Than Male inventors are. And since there are fewer women inventors around to inspire girls, the problem is a self perpetuating spiral. Indeed, Chetty and his colleagues estimate that if young girls had the same exposure to female inventors as young boys did to male inventors, they would innovate more than two and a half times as much as now. And the gender innovation gap would be less than half as big. That's why the Ms. Monopoly set and advertising campaign with its celebration of women inventors is so important. But among the female inventors credited on the board, Lizzie Magee is conspicuous by her absence. It is an astonishing missed opportunity. But it's also a mystery. How did Lizzie McGee find herself so comprehensively airbrushed out of history? And why don't the publishers of Monopoly want to acknowledge her more than a century later? Could it be perhaps that they're a little ashamed? Cautionary tales will be back in a moment. Amazon Pharmacy presents Painful Thoughts.
- [25:12]
Helena Bonham Carter
The guy in front of me in the pharmacy line is halfway through an.
- [25:17]
Tim Harford
Incredibly detailed 17 minute story about his gout.
- [25:22]
Helena Bonham Carter
A story likely more painful than the gout itself.
- [25:27]
Tim Harford
Next time, save yourself the pain and let Amazon Pharmacy deliver your meds right to your door. Amazon Pharmacy Healthcare just got less painful.
- [25:38]
Malcolm Gladwell
Hello. Hello there. This is Malcolm Gladwell from Revisionist History. Ready? Let's go. We're getting in the special car. This is the special car. Look, see the blue car? Whoa. So here we are. We're driving down a lovely winding country road in the Hudson Valley. I am here with my daughter, Speedy, and we are sampling one of the latest and greatest of BMW's creations. Makes 335 horsepower. Range of over 300 miles. Riding in the BMW i4 e40. You know how your toys have batteries? This car has a battery. How do you like this car so far? Does it go fast? Oh, it goes so fast. Let's go. Are you ready? Yeah. Are you sure? Yeah. Whoa. Spadey, was that fast again. Oh, yeah. Okay. In a world full of ordinary, there's a brand that dares to be different. Feel the rush of precision engineering as power meets sophistication with every turn. It's not just a drive, it's an experience. So buckle up and embrace the extraordinary. Because when the road calls, only one answer will do. BMW, the ultimate driving machine. Shall we see what happens if we push the accelerator all the way to the floor? Are you ready? Yeah. Are you sure? Yeah. One, two, three.
- [27:22]
Tim Harford
Whoa.
- [27:24]
Malcolm Gladwell
Elevator. That is it. The elevator. Going up, up a hill in this BMW is just like an elevator that's exactly right. You know what this car is? This is your first BMW. Learn more at BMWUSA.com nerds listener a new year is finally here. And if you're anything like me, you've got a lot on your plate. Habits to build, travel plans to make, mocktail recipes to perfect. Good thing our sponsor, NerdWallet is here to take one thing off your plate. Finding the best financial products introducing NerdWallet's best of awards List your shortcut to the best credit cards, savings accounts, and more. The nerds have done the work for you, researching and reviewing over 1100 financial products to bring you only the best of the best. Looking for a balance transfer credit card with a 0% APR? They've got a winner for that. Or a bank account with a top rate to hit your savings goals? They've got a winner for that too. Know you're getting the best products for you without doing all the research yourself. So let NerdWallet do the heavy lifting for your finances this year and head over to their 2025 Best of Awards at NerdWallet.com awards to find the best financial products today.
- [28:59]
Tim Harford
Lizzie McGee broke the mold in so many ways. It wasn't just her politics. Her defiance of traditional values in refusing to marry when young, her far reaching creativity as a poet, actor, novelist and essayist, she actually had the determination to follow through on her dreams despite all the obstacles. It's easy to assume that Charles Darrow and Parker Brothers were able to lay claim to monopoly because Lizzie McGee didn't have a patent. But she did. In fact, she had two. The earlier one is for an improvement to a typewriter roller. But it's the patent for the Landlord's Game that deserves to be remembered.
- [29:41]
Helena Bonham Carter
Letters patent number 748,626, dated January 5, 1904. My invention, which I have designated the Landlord's Game, relates to game boards and more particularly to games of chance. When a player stops upon a lot owned by any of the players, he must pay rent to the owner. The object of the game is to obtain as much wealth or money as possible.
- [30:16]
Tim Harford
Even today, few patent holders are women. In Magee's time, less than one in a hundred were. She was a member of a small club of female inventors. So if she had a patent, what went wrong? The economist Lisa Cook knows that the innovation gap runs deeper than educational opportunity or even the presence of mentors. There's also the question of whose ideas get taken seriously. You can have a good idea and you can even get it patented. But that does not mean your idea will thrive if your face doesn't fit. For example, Lisa Cook's own cousin, the chemist Percy Julian, was repeatedly turned down for jobs as an academic and as a corporate researcher because he was black. Eventually, Julian became the first African American to run a large corporate laboratory at Glidden. He developed techniques for producing hormones such as oestrogen and cortisone and earned several patents. In 1950, Percy Julian was named Chicagoan of the Year by the Chicago Sun Times. It was the same year that infuriated that a black man had moved into a nice white part of Chicago, racists tried to burn down his house. If you're suffering from discrimination, as both women and African American inventors were throughout the 20th century, then Professor Cook's work makes it clear that having a patent might not be enough. A patent isn't much good if nobody respects it. Consider the case of Garrett Morgan. He was born in the 1870s. He was a gifted inventor, developing products as varied as a gas mask, a traffic light and hair straightening cream. But he was also African American, which didn't fit America's idea of what an inventor should look like. In one dramatic incident in 1916, Morgan and his brother led a rescue of several victims of an underground explosion near Lake Erie. The rescuers used Morgan's invention of a firefighter, Smokehood. Officials awarded medals to the white members of the rescue party, but not to the Morgan brothers themselves. And while the publicity about the daring rescue helped boost sales of the Smokehood, several Southern cities cancelled their orders when they discovered that Morgan was black. Morgan often concealed his race, even using surrogates to pretend to be him when he was trying to sell his inventions. You can't blame him. Lizzie Magee didn't have to fear being firebombed like Percy Julian or having her wares boycotted like Garrett Morgan. But she did have to fear being ignored. Her game wasn't selling and she wasn't thriving. She was frustrated at having her freedoms and opportunities constrained by her gender. A couple of years after patenting the Landlord's game, she took out a newspaper advertisement offering herself for sale.
- [33:31]
Helena Bonham Carter
Young woman, American slave.
- [33:35]
Tim Harford
This stunt, shocking then and shocking now, was a way of satirizing the idea that marriage was the only option for a woman.
- [33:44]
Helena Bonham Carter
We are not machines. Girls have minds, desires, hopes and ambition.
- [33:50]
Tim Harford
But while it made a splash, this outrageous stunt did not seem to turn the tide either for feminism or for Lizzie McGee herself. A few years later, in her 40s, she did marry. Her game continued to languish. Like Garrett Morgan, Lizzie Magee did not fit the stereotype of a creative genius. By the time Monopoly had become a bestseller, more than 30 years after Magee filed the patent for the Landlord's Game, she was an unconventional old woman with unconventional political ideals, still trying to get the world to pay attention to the case for progressive single taxation. She was no match for Charles Darrow, the smooth talking family man peddling his version of the American dream. Darrow charmed the Todds into giving him the Monopoly rules in every detail. Charmed the artist Franklin Alexander into donating the designs that gave Monopoly its clean modern look, Charmed Parker Brothers into treating him as a creative genius. And charmed the press into repeating his tale of creativity and adversity, Carving this fictional origin story in stone. With the help of the publicists at Parker brothers. In 1935, Charles Darrow put that story in writing to the president of Parker Brothers. It is hard to imagine that the company believed him. They must have understood that he was lying to them. One internal memo acknowledged that Darrow had appropriated the name Monopoly and frankly and I think without prejudice that the original trading game came out in 1902. Nevertheless, Parker Brothers applied for a patent on Monopoly and managed to secure it with remarkable speed. Then came the business of acquiring the rights to rival games. Parker Brothers came to an arrangement with Milton Bradley about their game Easy Money and paid a large sum for the rights to the game Finance. They sued the publisher of the game, Inflation. Yet somehow Parker Brothers ended up paying him at least $10,000. Relative to the wages of the day, that's half a million dollars. Which does suggest that Parker Brothers didn't really want to put their patent to the test. Charles Darrow kept telling journalists the story of his moment of inspiration. And people such as Charles and Olive Todd, while irritated, didn't feel able to pursue the matter. After all, while they knew Charles Darrow hadn't invented the game, they knew they hadn't invented it either. So that just left Lizzie Magee. In one corner, an elderly left wing feminist desperate to teach the children of the world the merits of the single tax system through her obscure board game. In the other corner, a smooth talking Charles Darrow with a tail to tug at heartstrings and a host of sharp suits from Parker Brothers. It was no contest. One November day in 1935, traveling from Salem, Massachusetts all the way to Arlington, Virginia, George Parker himself, the 70 year old founder of Parker Brothers, paid a call to the house of Lizzie Magee Phillips.
- [37:23]
Helena Bonham Carter
Mr. Parker, do come in.
- [37:26]
Tim Harford
If we may move to matters of business, Mrs. Phillips, my colleagues at Parker Brothers have become aware of your Landlord's Game and we would like to publish it.
- [37:38]
Helena Bonham Carter
But this is wonderful news, Mr. Parker. At last, the ideas this game espouses will reach the widest possible audience.
- [37:47]
Tim Harford
That is our hope. Although at Parker Brothers we talk less about ideas and more about the joy of play. And so Lizzie McGee and George Parker agreed a deal. $500 for all rights, or compared to today's wages. Parker bought the rights to Lizzie Magee's creation for just $25,000. No royalties. But she thought she was getting what she'd dreamed about for 30 years. A mass audience for the Landlord's Game, which would teach them a more cooperative, ethical way of running an economy. She sold the game cheaply, even though she valued it dearly. Two days after the agreement, she even wrote a letter addressed to her creation.
- [38:39]
Helena Bonham Carter
It was not until the Great Game King George S Parker, did us the honour of seeking you out and offered you a broader opportunity than I could ever do, that I would part with you. Farewell, my beloved brainchild. Remember, the world expects much from you.
- [38:59]
Tim Harford
The Great Game King George Parker quietly published Magee's board game in 1939, just as he promised. But it didn't catch on, partly because he didn't promote it. After all, that wasn't what George Parker was buying from Lizzie McGee, was it? He was buying a monopoly. On Monopoly. Charles Darrow became a millionaire, even though his only original contribution to Monopoly appears to have been the bold concept of claiming that the game was his idea. Still, I have some sympathy for Darrow. He had been in a difficult place. His son Dickie had been disabled by scarlet fever and had severe learning difficulties. Few schools would take Dickie, and the ones that would were expensive. Charles had no job and no income. He really was desperate for money. As a plausible charmer with a good story and somebody else's idea, he managed to make his name and his fortune. Lizzie Magee was desperate too. She was desperate for social and political change. She was desperate for the freedoms and opportunities that would have been hers, without question, had she been a man. And she was desperate for her game to reach the audience it deserved. As her father once said of her.
- [40:24]
Malcolm Gladwell
She wants to fly, but hasn't got the wings.
- [40:29]
Tim Harford
The journalist Mary Plon found Lizzie Magee's entry in the 1940 census, the first census after selling her patent to George Parker, and the last census before she died. She could have given her occupation as teacher or stenographer or writer. Or housewife. But she didn't. She wrote instead.
- [40:55]
Helena Bonham Carter
Maker of games.
- [40:59]
Tim Harford
It was, after all, just one year after Parker Brothers had published the Landlord's Game. She also listed her income zero. Just like the makers of Ms. Monopoly. I'm all in favour of celebrating female inventors. Maybe it will make a difference. Or maybe it will achieve no more social change than Lizzie McGee did with her cooperative version of the Landlord's Game. But it seems worth a try. So when there's a new edition of Ms. Monopoly, I have a great idea for someone they might want to include.
- [41:40]
Helena Bonham Carter
Be it known that I, Lizzie J. McGee, have invented certain new and useful improvements in game boards, I'll do one more. Letters, patent number 400. No, I don't have a good thing for numbers. Okay. Letters patent number seven. No, sorry, it's a Friday. Oh, ding dong. Okay, you do the special effects. That was my knee, not the door. Come on, Parker, come inside. Okay, I'll just do it. I'll just get on with it. Mr. Parker, do come in. I like that. She was. She really is expecting him. She's been expecting him for her whole life. Dude, come in. It's May West. Too much?
- [43:12]
Tim Harford
The indispensable source for this episode is Mary Pollon's book the Monopolists, supplemented by Christopher Ketchum's article in Harper's titled Monopoly is Theft. For links to academic work by Lisa Cook, Raj Chetty and others, see timharford.com Cautionary Tales is written by me, Tim Harford, with Andrew Wright. It's produced by Ryan Dilley and Marilyn Rust. The sound design and original music are the work of Pascal Wise. Julia Barton edited the scripts. Starring in this series of Cautionary Tales are Helena Bonham Carter and Jeffrey Wright, alongside Nazar Eldarazi, Ed Gochan, Melanie Gutteridge, Rachel Hanshaw, Cotton Holbrooke Smith, Greg Lockett, Misea Munro and Rufus Wright. The show would not have been possible without the work of Mia Labelle, Jacob Weisberg. Hello Fame, John Schnaers, Carly Migliore, Eric Sandler, Emily Rostick, Maggie Taylor, Daniela Lacan and Maya Koenig. Cautionary Tales is a production of Pushkin Industries. P. If you like the show, please remember to share Rate and review. Amazon Pharmacy presents Painful Thoughts the guy.
- [45:39]
Helena Bonham Carter
In front of me in the pharmacy.
- [45:41]
Tim Harford
Line is halfway through an incredibly detailed 17 minute story about his gout.
- [45:49]
Helena Bonham Carter
A story likely more painful than the gout itself.
- [45:53]
Tim Harford
Next time, save yourself the pain and let Amazon Pharmacy deliver your meds right to your door. Amazon Pharmacy Healthcare just got less painful.
- [46:04]
Helena Bonham Carter
The holidays are here and so is.
- [46:06]
Malcolm Gladwell
The IKEA Winter Sale.
- [46:07]
Helena Bonham Carter
Now's your chance to make the holidays a little more magical and less expensive. Save up to 50% off on select items in store and online now through January 7th. Plus IKEA loyalty members get an extra 10% off on sale items offer. Valid in the US through 17 mall supplies. Last selection may vary by store and online. See store@ikea-usa.com wintersale for complete terms.
- [46:28]
Tim Harford
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