

Cautionary Tales with Tim Harford
Pushkin Industries
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 Friday.
Episodes
Mentioned books

15 snips
Jul 5, 2024 • 36min
Run, Switzer, Run: The Women Who Broke the Marathon Taboo
Discover the remarkable journey of women breaking into marathon running, defying absurd societal norms. Hear about Kathrine Switzer's courageous run at the Boston Marathon despite fierce opposition from race officials. Explore the historical struggles women faced in long-distance events and the ongoing evolution toward equality in athletics. Delve into the endurance challenges women continue to face today and celebrate the trailblazers who paved the way for future generations. It's a powerful testament to resilience and determination.

50 snips
Jun 21, 2024 • 40min
Adidas v Puma: A Battle of Boots and Brothers
The feuding Dassler brothers sparked a legendary rivalry that transformed the athletic shoe industry, birthing Adidas and Puma. The tension was so fierce it divided their hometown, Herzogenaurach, along brand loyalties. Pelé's choice of Puma boots before the 1970 World Cup not only skyrocketed sales but also intensified competition. Through personal journeys and innovative spirit, the brothers’ turmoil overpowered their shared love for craft, impacting generations of sports branding and igniting debates on whether their hatred was a distraction or a catalyst for greatness.

14 snips
Jun 7, 2024 • 38min
The Revenge of the Whales
Explore the harrowing world of whaling in the Pacific, where a ship faces the wrath of an enormous whale. Delve into Tilikum's tragic tale, raising ethical questions about captivity and the close bond between orcas and their trainers. Experience a desperate fight for survival against nature's fury, contrasted with the emotional depths of human-animal connections. Discover the unpredictable beauty of wildlife and ponder the complexities of revenge, empathy, and morality in life-and-death situations.

22 snips
May 24, 2024 • 40min
When the Robots Take Over... - Cautionary Questions
Jacob Goldstein, the witty host of "What's Your Problem?" and author of "Money: The True Story of a Made-Up Thing," joins Tim Harford for a captivating discussion. They explore whether winning the lottery truly brings happiness and delve into the economic implications of Bitcoin. The duo also tackles the future of work amid growing automation, considering Universal Basic Income as a possible solution. Plus, they reflect on the age-old conundrum of correlation versus causation, making complex topics both engaging and accessible.

22 snips
May 10, 2024 • 43min
WW2: How Britain Ignored the Mother of All Secrets
This is the tale of Hans Ferdinand Mayer, a corporate executive who risked everything to leak critical Nazi military secrets to Britain. Despite the urgency of his revelations about Germany's radar technology, British officials surprisingly dismissed them. The discussion navigates Britain's intelligence failures and overconfidence during World War II, highlighting how ignored warnings led to dire consequences. Personal stories intertwined with military drama reveal the high stakes of information and the tragic losses that followed.

20 snips
Apr 26, 2024 • 1h
The Fraudster's Guide to Magic Money
Rob Armstrong, a Financial Times journalist and co-host of the "Unhedged" podcast, shares riveting insights into the world of financial fraud. He delves into the elaborate schemes, including Ponzi and pyramid scams, showcasing their psychological manipulation. Armstrong tells the chaotic tale of Sam Israel, whose hedge fund spiraled into deceit amid personal turmoil. The discussion highlights how greed leads to downfall and warns of the emotional aftermath for victims caught in these schemes. An eye-opening exploration of trust, deception, and the darker side of financial dreams.

43 snips
Apr 23, 2024 • 40min
Blood and Gold (with Dan Snow)
Join historian Dan Snow, a celebrated presenter known for his engaging historical documentaries, as he delves into the conquest of the Inca Empire by Spanish conquistadors. Discover the bloody quest for gold that led to the empire's downfall and hear about the dramatic Battle of Crécy, revealing surprising tactics and cultural clashes. Dan highlights how European diseases devastated indigenous populations and examines the Inca's courage in the face of tragedy, drawing contemporary parallels that resonate today.

19 snips
Apr 12, 2024 • 58min
The Rise and Fall of a Megalomaniac
Will Tracey, a writer and showrunner for HBO's "The Regime," discusses the notorious Nicolae Ceaușescu and his disastrous reign over Romania. He explores the stark contrasts between Ceaușescu's lavish palace and the suffering of the Romanian people. Tracey highlights key moments from Ceaușescu's downfall and the role of collective action in ushering political change. Furthermore, he delves into the psychological motivations behind tyrannical leaders and the unexpected connections between democracies and autocracies, leaving listeners with thought-provoking insights on power dynamics.

15 snips
Mar 29, 2024 • 42min
Inside the Bizarre World of Dictators
Delve into the peculiar quirks of dictators as they grapple with germophobia and bizarre health rituals. Discover how salami slicing tactics reveal the complex strategies behind territorial conflicts. Through gripping tales from Crimea, explore the dire cost of truth in oppressive regimes and the psychological fears that shape autocratic governance. The intricacies of game theory and human psychology unravel the motivations of these leaders, blending history with contemporary insights. Fascinating and alarming, this exploration uncovers the minds behind the mayhem.

152 snips
Mar 15, 2024 • 36min
Do Nothing, Then Do Less
In this engaging discussion, Dr. Laurie Santos, a Yale psychology professor and host of The Happiness Lab, sheds light on the surprising benefits of doing less. She and Tim Harford explore 'masterly inactivity,' exemplified by Chuck Yeager’s critical moment in the cockpit. By analyzing various real-world scenarios—from sports to healthcare—they reveal how subtraction enhances well-being. The conversation also emphasizes the power of saying no to create space for what truly matters, promoting happiness through simplicity.