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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.
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Last week, Cautionary Tales described the rise and fall of General Magic, the startup with too much money and too few constraints. Was General Magic really doomed from the start, and what does its fate tell us about AI, drug discovery and our love lives? David Epstein, author of Inside the Box: How Constraints Make Us Better, joins Tim to make the case for loving limitations. For a list of sources, see the show notes at timharford.com Join our Cautionary Club to get episodes ad-free, hear bonus interviews and get an extra Cautionary Tale every month.See omnystudio.com/listener for privacy information.
It's 1990. A new company called General Magic is going to build its vision of the future: the smart phone. They have talent, almost unlimited cash, and a 15 year head start on the iPhone. What could go wrong? This episode was based, with permission, on David Epstein's book Inside the Box: How Constraints Make us Better. For a list of sources, see the show notes. Join our Cautionary Club to get episodes ad-free, hear bonus interviews and get an extra Cautionary Tale every month.See omnystudio.com/listener for privacy information.
Evel Knievel, the world-famous daredevil, is planning his greatest ever stunt. In 1974, he wants to leap over Snake River Canyon in Idaho. The chasm is almost a third of a mile wide, much bigger than any jump he's done before. To make it work, he'll need a custom-made rocket-powered "Skycycle," TV camera crews and - most importantly - a very positive attitude. For a list of sources, see the show notes at timharford.com. Join our Cautionary Club to get episodes ad-free, hear bonus interviews and get an extra Cautionary Tale every month.See omnystudio.com/listener for privacy information.
In 1942, eight men are sent from Nazi Germany to infiltrate America. Their mission: to sabotage critical infrastructure. Their problem: they're idiots. Operation Pastorius soon devolves into one of the most baffling failures of World War II. For a list of sources, see the show notes at timharford.comSee omnystudio.com/listener for privacy information.
This is a special crossover episode with Business History. John DeLorean was a visionary who wanted to create a futuristic new sports car - a stainless steel marvel with distinctive gull-wing doors. The British Government agreed to finance the project, provided he built his factory in a troubled part of Northern Ireland. Production stumbled, sales fizzled and DeLorean liked to fiddle with the numbers. As the company approached ruin, a neighbour offered DeLorean a lifeline, if he'd only come in on a cocaine deal. See the show notes at timharford.comSee omnystudio.com/listener for privacy information.
How does a story on Cautionary Tales come to life? In this episode of our subscriber-exclusive series, Proceed with Caution, sound designer Pascal Wyse shows Tim how the audio magic happens. He explains how he picks the music in an episode, why it's best to avoid 'Mickey Mousing', and how to sound design some of the stranger moments of Cautionary Tales. To subscribe to the Cautionary Club and hear more like this, go to patreon.com/cautionary club.See omnystudio.com/listener for privacy information.
Talented and beautiful, Molly O'Day is a rising star in 1920s Hollywood. But when Molly's teenage body starts to change and she can no longer fit into the dress she wore when she was 16, the studio wants nothing to do with her. As the scripts dry up and the money runs out, Molly faces a difficult but painfully familiar choice. For a list of sources, see the show notes at timharford.comSee omnystudio.com/listener for privacy information.
Mary Bateman lived in Yorkshire in the late 18th Century, an age that prized rational thought. Many people still longed to believe in the old ways and Bateman used this to her advantage, selling spells and enchantments to the desperate. Dr Maddy Pelling, co-host of the After Dark podcast and author of Hoax: Truth and Lies in the Age of Enlightenment, joins Tim to tell the tale of the villainous Yorkshire Witch, and just how far she was willing to go. For the sources, see the show notes at timharford.comSee omnystudio.com/listener for privacy information.
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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.
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