
Free Daily Podcast Summary
by Library of Mistakes
Based in Edinburgh, the Library of Mistakes is a free public library designed to improve understanding of finance, one mistake at a time. In this podcast series the Library's Keeper, Professor Russell Napier, speaks to leading financial history authors around the world, with Fraser Allen & Leila Johnston presenting an additional thread of episodes called Shelf Life.
The most recent episodes — sign up to get AI-powered summaries of each one.
As the Library of Mistakes prepares to host its first Edinburgh Fringe performance, we speak to the show's creator, Tom Paper. Mistakes On Maps is a witty, visually immersive journey through 20 historical maps, each featuring a fascinating flaw. Encounter sea monsters in the 1539 Carta Marina, the phantom continent of Terra Australis, California drawn as an island, the Open Polar Sea, canals on Mars, and the Mountains of Kong. Were these errors accidents, ambition, propaganda or fear of empty space? Along the way, see how trade, empire, faith and imagination bent geography. Through projected maps, story and music, this show reveals how cartographers got it wrong, and what their errors reveal about us.This episode was presented by Fraser Allen & Leila JohnstonMistakes On Maps runs every day at the Library of Mistakes in Edinburgh from 7-30 August 2026 inclusive (except 17, 18, 24 and 25 August).For more information and tickets, see: https://www.edfringe.com/tickets/whats-on/mistakes-on-maps
LIVE RECORDINGWelcome to a special episode of the podcast recorded live at the Library of Mistakes and featuring a debate between two distinguished former investment practitioners – Andrew Milligan and Sandy Nairn.The question they debate is: 'Does history shows that current market valuations for AI are nuts?'Andrew, with his experience as a global strategist over many years, believes their value might be overextended, while Sandy, with his keen knowledge of technology, believes AI could herald a seismic change that might justify some of the excitement.Listen in and join in the fun, ably hosted by Robbie Mochrie and compered by David Clarke, with plenty of lively contributions from the floor.You can also watch this debate on our YouTube channel, as well as many other fascinating lectures.
We have a real treat for you this time as we speak to financial crime expert Anja Shortland. After books on art theft and kidnapping, Anja has now turned her attention to ransomware, with her latest title We Know You Can Pay a Million – and offers fascinating glimpses into the business practices of the international criminals involved.Fraser Allen and Leila Johnston also hear from Future Asset's Jemma McLean about further celebrations of the 250th anniversary of Adam Smith's Wealth of Nations, while David Clarke bids a fond farewell to our brilliant Librarian Helen Williams.www.libraryofmistakes.com
Blue Blood tells the story of Cazenove & Co., the prestigious stockbroking firm founded in 1823. Former CEO Robert Pickering reveals what happened in 2000 when the firm decided to abandon its traditional partnership structure, raise external capital and prepare for a stock market flotation. He then describes to Russell Napier the difficult years that followed as the firm reshaped its business, entered a joint venture with J.P. Morgan and ultimately moved towards a full takeover by the US banking giant (and what it felt like when the two working cultures collided).www.libraryofmistakes.com
There are plenty of books suggesting ways in which wealthy people can invest their money, but very few for people who lack the investment funds in the first place. After suffering his own financial challenges, US academic Joseph S. Moore dipped into history to conduct a series of experiments in how to get the rich 'the American way'. That resulted in a funny, eye-opening and optimistic book, sparking an illuminating discussion between Joseph and Russell Napier for our latest episode.www.libraryofmistakes.com
Join us in Montreal as we speak with François Boutin-Dufresne who, together with Karl Gauvin, is co-founder of the Observatoire des Erreurs – Canada's very own version of the Library of Mistakes. Inspired by a trip to Edinburgh, the Observatoire embraces the same ethos as the Library of Mistakes, and joins other extensions of our activity in Pune (India) and Lausanne (Switzerland). The Observatoire is currently an online community but is hoping to establish a physical presence – and François is a really interesting listen. We also hear from Didasko CEO David Clarke on summer activites in Edinburgh, while our Librarian, Helen Williams, dips into books about the oil industry. Enjoy!Presented by Leila Johnston & Fraser Allen.www.libraryofmistakes.com
Welcome to a very special episode in which the talented young women of Future Asset stage a takeover of the podcast. Recorded at the annual Future Asset finals in Edinburgh (at which teams of girls from Scottish schools compete to present the most effective investment pitch), we discover why Future Asset is so valuable in encouraging young women to consider a career in investment and finance.This episode is presented by Future Asset alumnus Grace London, who spoke to the charity's Communication Coordinator Jemma McLean, this year's winning team from Hamilton Grammar School, fellow alumnus Jenna Donnelly (now a Financial Analysis Apprentice at M&G), and one of the competition judges, Mandy Rawlinson – Head of UK & EMEA at Aberdeen Investments.Find out more at www.futureasset.org.ukwww.libraryofmistakes.com
Welcome to a very special episode of the podcast, as we hear from eminent economic historian and prolific author Barry Eichengreen. Barry is the man who inspired our very own Russell Napier to realise that he could learn much more from the history of finance than he could from books on economic theory. That 'eureka' moment was inspired by Barry's first book, Golden Fetters – The Gold Standard and the Great Depression, but in this episode the pair discuss Barry's latest work, Money Beyond Borders – Global Currencies from Croesus to Crypto. As Russell dials in from a trip to the north of Scotland to speak to the California-based professor, listen in for fascinating insights into international currencies, and mounting challenges to the dominance of the US dollar.Produced by Fraser Allen.www.libraryofmistakes.com
Free AI-powered daily recaps. Key takeaways, quotes, and mentions — in a 5-minute read.
Get Free Summaries →Free forever for up to 3 podcasts. No credit card required.
Listeners also like.

Cautionary Tales with Tim Harford
True stories of human error, catastrophes, and fiascos that reveal how people go wrong and what we can learn from their mistakes.

The Story of Money
A global look at current business and financial news through reporting by Financial Times journalists.

The Psychology of Money with Morgan Housel
Explores timeless lessons on wealth, greed, and happiness.

Financial Decoder
Explores how cognitive and emotional biases affect financial decisions, offering strategies to improve money-related choices.

The Literary Life Podcast
A deep exploration of classic literature through slow reading, guided by experienced teachers and lifelong readers.

Planet Money Summer School
A crash course in economics that teaches fundamental concepts through real-world examples in everyday life.

People I (Mostly) Admire
Economist Steve Levitt interviews high achievers across diverse fields, exploring their lives, work, and unconventional paths to success.

Short History Of...
Each episode examines a significant moment or figure in history, spanning ancient to modern times.

Masters in Business
Barry Ritholtz explores the people and ideas influencing markets, investing, and business.

Financial Heresy
Joe Brown explains how the financial system works and shares investment strategies for building wealth in uncertain economic times.

EconTalk
Long-form conversations on economics, philosophy, history, and human behavior with experts from diverse fields.

Masters in Business
Barry Ritholtz interviews influential figures in markets, investing, and business.
Based in Edinburgh, the Library of Mistakes is a free public library designed to improve understanding of finance, one mistake at a time. In this podcast series the Library's Keeper, Professor Russell Napier, speaks to leading financial history authors around the world, with Fraser Allen & Leila Johnston presenting an additional thread of episodes called Shelf Life.
AI-powered recaps with compact key takeaways, quotes, and insights.
Get key takeaways from The Library of Mistakes in a 5-minute read.
Stay current on your favorite podcasts without falling behind.
It's a free AI-powered email that summarizes new episodes of The Library of Mistakes as soon as they're published. You get the key takeaways, notable quotes, and links & mentions — all in a quick read.
When a new episode drops, our AI transcribes and analyzes it, then generates a personalized summary tailored to your interests and profession. It's delivered to your inbox every morning.
No. Podzilla is an independent service that summarizes publicly available podcast content. We're not affiliated with or endorsed by Library of Mistakes.
Absolutely! The free plan covers up to 3 podcasts. Upgrade to Pro for 15, or Premium for 50. Browse our full catalog at /podcasts.
The Library of Mistakes publishes biweekly. Our AI generates a summary within hours of each new episode.
The Library of Mistakes covers topics including History, Business, Investing. Our AI identifies the specific themes in each episode and highlights what matters most to you.
Free forever for up to 3 podcasts. No credit card required.
Free forever for up to 3 podcasts. No credit card required.