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Disillusioned with teaching, in 1899 he began graduate studies at the University of Chicago under Thorstein Veblen, where he received a doctorate in political science and political economy.
Near the end of his life, the American comedian Jack Benny recounted how he had been introduced to Leacock's writing by Groucho Marx when they were both young vaudeville comedians.
Benny acknowledged Leacock's influence and, fifty years after first reading him, still considered Leacock one of his favorite comic writers.
Although he wrote learned articles and books related to his field of study, his political theory is now all but forgotten.
Leacock was awarded the Royal Society of Canada's Lorne Pierce Medal in 1937, nominally for his academic work.
In 1936, Leacock was forcibly retired by the Mc Gill Board of Governors—an unlikely prospect had Currie lived.
Leacock was both a social conservative and a partisan Conservative.
His stories, first published in magazines in Canada and the United States and later in novel form, became extremely popular around the world.
It was said in 1911 that more people had heard of Stephen Leacock than had heard of Canada.
Stephen Butler, of Bury Lodge, the Butler estate that overlooked the village of Hambledon, Hampshire.
Stephen Butler (for whom Leacock was named), was the maternal grandson of Admiral James Richard Dacres and a brother of Sir Thomas Dacres Butler, Usher of the Black Rod.