Bonus: The fraudster's guide to magic money with Tim Harford
Unhedged
Learning from Ponzi and Pyramid Schemes
Exploring the podcast's cautionary tales about Ponzi and pyramid schemes reveals the valuable lessons they offer, despite being known as terrible ideas. The mention of Sarah Howe, the actual inventor of the Ponzi scheme, showcases how history has unfairly credited Ponzi, leaving Howe forgotten. Such schemes provide essential insights worth reflecting on.
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