Cautionary Tales with Tim Harford

Cautionary Tales will be LIVE on stage in London this May. Tickets are on sale now: https://www.tegeurope.com/events/cautionary-tales/

Sam Israel had a problem. The investors in his hedge fund, Bayou Capital, were expecting spectacular returns. Sam himself had spent years proclaiming the fund's brilliant results. But in reality, Sam had been marking his own homework, publishing fraudulent accounts and using these to lure in new investors...

Bonus: When Spanish conquistadors arrived in Peru in 1526, it was the beginning of the end for the Inca. Their bloody pursuit of gold, fame and fortune was rife with treachery and deceit. Within a few short years, the once-thriving Inca empire had been decimated.

Tim Harford is joined by Dan Snow for a special crossover episode of Cautionary Tales and Dan Snow's History Hit...

Nicolae Ceaușescu was not beloved. His regime was vicious and he treated Romania as his personal wallet: while Ceaușescu emptied the coffers to construct a vast, ornate palace, his people starved. He imposed disastrous population control policies on his country, too, which saw hundreds of thousands of unwanted children left to rot in squalid orphanages. Ceaușescu's rule endured for a quarter of a century - then crumbled overnight...

Why are so many autocrats germaphobes? Why was the truth so dangerous for Soviet engineers? And what can salami reveal to us about the mind of Vladimir Putin?

This is the first of two special episodes in partnership with HBO's new series "The Regime". Tim Harford investigates real-life dictatorships and the social science that explains them, drawing on insights from game theory and psychology.

For a full list of sources, see the show notes at timharford.com...

To mark International Day of Happiness and the release of the annual World Happiness Report, Dr Laurie Santos talks to fellow Pushkin podcasters Dr Maya Shankar, Tim Harford and Malcolm Gladwell about the happiness topics that they would like to see raised on this day of global wellbeing awareness.   

The discussion ranges from how to quiet your inner monologue; though the misery of running in a Canadian winter; to the happiness lessons to be learned from a colonoscopy...

Chuck Yeager's plane pitched and rolled as it plummeted from the sky. He grappled with the controls inside the cockpit, but to no avail: he couldn't steady the aircraft. The test pilot was known for his nerves of steel but, as the barren Mojave Desert hurtled towards him, even he was afraid. What to do?

It's tempting to think that adding to our lives - more action, more work, more possessions - will lead to greater success and happiness...

As US troops approached a Nazi prison camp, they could hear agonized wailing. The stench of rotting flesh filled their nostrils. Moments later they discovered a pile of smoldering corpses, alongside emaciated survivors.

Next to the concentration camp they found something else: tunnels filled with tools — and partially assembled rockets. The soldiers had hit upon the evil heart of the V2 manufacturing program: enslaved laborers, imprisoned underground...

In the 1920s, Germany’s Society for Spaceship Travel boasted some of the sharpest scientific minds – like the incandescently brilliant young Wernher von Braun. But it had very little money, and progress was slow.

Then, in 1932, the army made a proposal: it would fund more serious research if the enthusiasts at the Society would develop a rocket weapon...

At the height of World War Two, British intelligence began receiving reports that the enemy was developing a rocket weapon. The idea seemed fantastical — resources in Nazi Germany were scarce and a rocket-building program defied economic logic.

But one intelligence chief took the reports of a rocket weapon seriously and he managed to convince Winston Churchill to heed the threat too...

Teaser: In 1977, two planes collided on the runway at Tenerife Airport. Why did the crash happen? And, given that it took place on the ground, why didn't more people escape?

In this new two-parter, Tim Harford explores the most deadly aviation accident in history. Both episodes are available now, ad-free, exclusively for subscribers to Pushkin+.

If you're not already a subscriber, you can sign up for Pushkin+ on our Apple podcasts show page, or at pushkin.fm/plus...