Monopoly was based on the satirical Landlord's Game, which criticized the abilities Monopoly rewarded.

Mark Twain invented an unsuccessful board game

“Memory Builder” was based on pinning historical events in their correct chronological order. It was test-marketed in 1891, but never took off. One critic said, “The game looked like a cross between an income tax form and a table of logarithms.”

Browse a timeline of the fascinating history of board games in America.

The board game Candy Land was invented for children quarantined in polio wards.

Robber barons, the monopolistic business people of the 19th century, explained

“Robber baron” was a term used to describe 19th-century businesspeople who engaged in monopolistic business practices and didn’t face much business regulation, resulting in significant wealth.

Magic: the Gathering was inspired by baseball cards

Richard Garfield originally pitched a game publisher on a more complex game about programming robots, but he was told that they were looking for something less expensive and more portable. Inspired by the way baseball cards were collected and traded, he came up with the idea for Magic: the Gathering, which gave players packets of random cards, effectively pieces of the whole game, rather than the entire deck.

Clue, the murder-mystery board game, was designed during World War II air raids.

Fantasy sports' roots go back to an 1860s parlor game that simulated real-world baseball.

The board game Risk was created by an Academy Award-winning screenwriter.

Market concentration and high markups don't always signal a monopoly

When regulators and economists evaluate whether a company constitutes an illegal monopoly, they often consider its overall market share or its relatively high price markups. This piece argues that the Olley-Pakes decomposition is a better measure, identifying whether customers within a market are switching to more productive companies.

The card game Uno was invented by an Ohio barber following an argument with his son.

Explore a list of well-known monopolies

Many American monopolies popped up during the rapid industrial growth of the Gilded Age. Industries like steel, tobacco, railroads, and telecommunication have all been monopolized at some point in history.

Patents arguably grant inventors monopolies for a short period of time

As a way to reward innovation, the government grants short-term monopolies on patented products. Patents block other companies from producing or selling that product, giving inventors the rights and opportunity to establish themselves in a market before other competitors enter.

Between 1989 and 2001, a security guard dubbed 'Uncle Jerry' rigged the McDonald's Monopoly sweepstakes by handing out 60 winning pieces worth more than $24M.

A 1930s card game birthed modern fantasy sports

"National Pastime" used the statistics of real Major League Baseball players to determine a winner, creating the template for the modern fantasy sports model.

Modern antitrust law was created to combat the Standard Oil Trust

John D. Rockefeller's Standard Oil Trust enabled him to evade laws against a single corporation buying stock in another. His centralized board of directors held stock in many different oil companies under his control, allowing Rockefeller to eventually monopolize the oil refining industry. Efforts to regulate and prevent the Standard Oil Trust's monopoly became known as "antitrust" laws.

Parents criticized 'Dungeons & Dragons' during the 'Satanic Panic'

The role-playing game became popular enough to attract the ire of special interest groups, like Bothered About Dungeons & Dragons (or BADD) during the so-called "Satanic Panic" of the 1980s and 1990s, when parents believed the game was corrupting children.

Read about the history of the Sherman Antitrust Act, the first law to ban monopolistic behavior

In its later years, Standard Oil formed a business trust that reflected the company's exponential growth. Politicians wanted to prevent such trusts and used the Sherman Antitrust Act to force Standard Oil to break up.

Gambling and lotteries funded America's early expansion, funding infrastructure and capital projects.

Listen to an account of an 'airplane game' leader, a notorious, widespread illegal pyramid scheme that swept across the US in the 1980s.

Woody Guthrie wrote 'This Land Is Your Land' as a sarcastic response to 'God Bless America.'

Pickleball was originally intended for children

Bell and Pritchard only created the game to occupy their children's attention on vacation. As they continued playing the game, they began developing rules as-needed.

In 1974, 'Dungeons and Dragons' turned fantasy into a game

Inspired by the fantasy paperback explosion of the late 1960s and early 1970s, Gary Gygax and Dave Arneson published the original incarnation of the game, which immersed players in worlds similar to fantasy fiction. Since then, several newer editions have been released. In recent years, podcasts and livestreams featuring individuals playing the game have gained popularity.

The man who created Settlers of Catan was inspired by Viking tales about the journey to Iceland.

Klaus Teuber invented the game when he was in his 30s, and had his wife and children act as early test players. Published in 1995, the game has now sold over 45 million units.

An overview of monopolies, when one company controls an entire market

In the business world, a monopoly exists when one company controls the entire market. Regulators take issue with monopolies because they have been found to limit consumer choices, raise prices, and hurt competition.

How Scrabble got its name

Alfred Butts, a newly unemployed architect during the Great Depression, created Scrabble. But the game was named by James Brunot, who used the word to describe the most common action its players take part in: digging frantically.

A 'bilateral monopoly' occurs when there's one supplier and one buyer in a market

Bilateral monopolies are often used to conceptualize labor markets in small towns. Using this concept, large employers have a monopoly over the labor market, while workers have a monopsony as the only available laborers.

One roadside attraction invented modern mini-golf

Garnet Carter and his wife Frieda owned and operated Fairyland, a roadside attraction on Lookout Mountain in Georgia. While other mini-golf courses tried to mimic the regal courses of its parent game, the Carters built obstacles and decorations from items they had around Fairyland, effectively inventing the leisure-minded version of the game.

Legendary venture capitalist Peter Thiel once wrote that 'competition is for losers'

With Peter Thiel's "Monopoly Theory," the Founders Fund partner argued that investing in companies that create new categories, rather than those that compete with other businesses in existing ones, is a best practice in venture capital.

The first MLB All-Star Game was designed by a sports journalist who believed the spectacle would boost baseball's reputation during the Great Depression.

Modern tennis was formalized in 1874

In the late 1800s England, a growing middle class could afford homes with lawns. With more lawns in England, Major Walter C. Wingfield saw an opportunity to bring lawn tennis to the masses. Modern tennis was formalized in 1874, when Queen Victoria granted a patent for Major Walter C. Wingfield's lawn tennis box set. The game was an instant hit, and by 1877, the new All England Club in Wimbledon began hosting a tournament.

Utility companies are often considered 'natural' monopolies, which occur in industries where the upfront costs of entering the market are high, making competition unrealistic.

The term 'gerrymander' dates back to a 1812 Boston dinner party

The term "gerrymandering" arose when Massachusetts Governor Elbridge Gerry approved a state senate map with a district so contorted it resembled a salamander. Critics dubbed it the "Gerry-mander," cementing the term for partisan map manipulation.

Before 1920, during the Deadball Era, a single baseball was used throughout a Major League game, leading to a notoriously dirty style of play.

Dishonest brokers called ‘curbstoners’ once competed by placing signs on properties

In the 1910s, yards would be littered with dozens of signs representing competing and potentially dishonest salesmen. The concept of the “open house” developed during this period, as real estate agents would occupy a single home all day for what they called “open inspections.”

Nintendo's Mario was named after the landlord of the company's American headquarters.

The Royal Game of Ur, which dates back as far as 2600 BCE, is believed to be one of the oldest board games in the world.

Credit reporting's earliest origins in the 1700s resemble a game of telephone, with rural merchants asking their most esteemed neighbors to vouch for them to sleuthing urban lenders.

John Marshall invested in western land speculation

Like many Virginia elites of his era, Marshall invested in large tracts of western land, including holdings in Kentucky and the Ohio valley. His financial interests mirrored the broader post-Revolutionary pattern of land speculation among political leaders.

Famed American investor Jesse Livermore made millions when the stock market crashed in 1929

Livermore made his first major short against rail company Union Pacific in 1906, coincidentally before an earthquake in San Francisco, which ultimately tanked share prices. During a financial panic the next year, JP Morgan reportedly asked Livermore to increase his long-term investments to restore hope and restabilize the market—which Livermore did. However, Livermore began betting against the market in 1929, sensing that stocks were too hot, and was one of the few people to benefit from the 1929 stock crash.

'Parkinson's Law' states that however long you have to complete a task is how long it takes, and originated as critique of British bureaucracy.

A part-owner of the Oakland Raiders spearheaded the first fantasy football league.

In 1936, the federal government passed the Robinson-Patman Act, an antitrust law initially aimed at breaking up the power of the grocery store chain A&P.

Coca-Cola was created during a patent medicine boom

A "patent medicine" is a proprietary medicine that is ostensibly created and marketed under a patent, and, crucially, is available without prescription.

The Ouija board originated in 19th-century America

The bizarre board game that helps people communicate with the dead at sleepovers first emerged in the 19th century as a business-minded response to the growing fascination with spiritualism. The Ouija Board has since generated an abundance of sales, as well as scientific research.

There's a myth that Al Capone coined the term 'money laundering,' or the process of disguising the criminal origins of illegally obtained money so it can be used without detection.

A 'monopsony' is a market with a single buyer—rather than a single supplier

A monopsony is the demand-side equivalent of a monopoly, where a single buyer commands a market. In a monopsony, the buyer has an outsized influence over the price of a product or service because they control most or all of the sales in that market.

Standard Oil's predatory business practices included temporarily operating at a loss to drive competitors out of business

Rockefeller's oil monopoly had a dark side, including cutting oil prices so low that Standard Oil was sometimes temporarily operating at a loss in order to drive competitors out of business.

Ancient Egyptians played Senet, a board game where players threw sticks or bones as dice.

The namesake of the Ponzi Scheme, Charles Ponzi made an estimated $15M from running a fake international arbitrage scheme in the 1920s.

One of the earliest known satires is an ancient Egyptian parody of life advice

“The Satire of the Trades” mocks the then-popular “wisdom literature,” which imparted life advice. In the text, a father, a scribe, explains why his son should work the same job, detailing the miseries of several other lines of work. His ultimate argument is that it’s best to be a manager rather than a worker: “See, there is no office free from supervisors except the scribe's. He is the supervisor!”