We tell our children unsettling fairy tales to teach them valuable lessons, but these Cautionary Tales are for the education of the grown ups – and they are all...
Off the coast of an Italian island, an enormous cruise ship - seventeen floors high, three soccer pitches long - is tilting noticeably to one side. The local mayor is horrified: there are thousands of people on board the Costa Concordia, and it's only a matter of time before the ship capsizes altogether. How did a routine trip go so terribly wrong? And why is the captain nowhere to be found? For a full list of sources, see the show notes at timharford.com.See omnystudio.com/listener for privacy information.
--------
36:51
Get Happier, Help Others: Some Good Ideas About Giving
It's the season of giving: colorful paper and shiny bows, sure, and charitable giving, too. In this special episode, Jacob Goldstein, the host of What's Your Problem, gets smart about donating. Did you know that spending money on others makes you happier than spending money on yourself? Or that altruistic nerds have discovered four of the most impactful charities in the world (per dollar spent)? Have you ever wondered how poker players think about giving? Dr. Laurie Santos from The Happiness Lab, Elie Hassenfeld of GiveWell, and Nate Silver and Maria Konnikova from Risky Business talk about how to maximize your giving – and why you’ll be happy you did. Link to donate: https://givingmultiplier.org/happinesslabListen to The Happiness Lab with Dr. Laurie Santos Listen to Risky BusinessSee omnystudio.com/listener for privacy information.
--------
51:51
RoboPod and the Perpetual Money Machine - Cautionary Questions 2
What really drove the 2008 financial crash? What’s a shadow bank? And what’s the connection between NIMBYs and BANANAs? Tim Harford and Jacob Goldstein answer more of your questions. Do you have a question for Tim? Please send it in to [email protected] omnystudio.com/listener for privacy information.
--------
42:41
Darwin's Grandpa and the Art of Sex Appeal
Charles Darwin was stumped by peacocks. According to his theory of evolution, some creatures were better equipped to survive in their particular environment than others. It explained a lot - but it didn't explain the peacock's brightly coloured tail feathers, which were extravagant and cumbersome. Surely such plumage made it harder for peacocks to survive? It so happens that the life of Darwin's own grandfather offered clues to the puzzle of the peacock's tail - if only he'd known to look there... For a full list of sources, see the show notes at timharford.com.See omnystudio.com/listener for privacy information.
--------
40:59
The Edinburgh Body Snatchers: Murder at Halloween
In 1827, Edinburgh, Scotland was a world centre for anatomical study, but there was a shortage of cadavers for medical students to dissect. Two men, William Burke and William Hare, spotted a grim business opportunity. They began sourcing bodies - by any means possible... In this episode of Cautionary Tales - recorded live at the Podcast Show in London - true crime meets economics. Tim Harford's hair-raising story explores a question: what makes some markets acceptable, and others repugnant? For a full list of sources, see the show notes at timharford.comSee omnystudio.com/listener for privacy information.
We tell our children unsettling fairy tales to teach them valuable lessons, but these Cautionary Tales are for the education of the grown ups – and they are all true. Tim Harford (Financial Times, BBC, author of “The Data Detective”) brings you stories of awful human error, tragic catastrophes, and hilarious fiascos. They'll delight you, scare you, but also make you wiser. New episodes every other Friday.
Ireland