Episode 18: Peter Leeson on the Economic Explanation of Everything

Economist Pete Leeson believes everything can be explained using the economic assumption of rational behavior. He is a prolific academic and his work covers a wide variety of fascinating and sometimes bizarre phenomena – from insect trials to witch burning, piracy, and everything in between – and provides rational explanations for seemingly irrational behavior.

We discuss what inspired him to become an economist, the major themes of his work, whether everything can be explained with economic analysis, and what he thinks of different economic schools of thought.

You can find him online at peterleeson.com.  I highly recommend his books, The Invisible Hook: The Hidden Economics of Pirates, and, Anarchy Unbound: Why Self-Governance Works Better Than You Think.

This and all episodes are available on SoundCloud, iTunes, and Stitcher.