4min chapter

Cautionary Tales with Tim Harford cover image

Frankenstein Versus the Volcano

Cautionary Tales with Tim Harford

CHAPTER

What's the Benefit of Mount Tambora?

A disaster can also encourage us to invest in a new way of doing things. Think about working from home after the 20 20 pandemic. The effect is made much stronger because we're all dealing with the same problem at the same time. That makes it easier to coordinate on a solution. If everyone is forced to invest their energy into solving a problem, once the problem has gone, the solution may still be useful. By culling weaker companies, it gives more space to the strong. Net flicks and disney plus prospered when cinnemas were closed. When nobody was walking or driving past billboards gogles, digetal advertising looked stronger than ever. So did

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode