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    Cautionary Tales with Tim Harford

    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.

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    Copyright: 2024 iHeartMedia, Inc. © Any use of this intellectual property for text and data mining or computational analysis including as training material for artificial intelligence systems is strictly prohibited without express written consent from iHeartMedia

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    Latest Episodes:
    The Truth About Hansel and Gretel Oct 22, 2021
    Show notes

    Was the fairy tale of Hansel and Gretel - the story of a woodcutter’s children abandoned in the woods and left at the mercy of a witch - in fact, early true crime? A hit book - The Truth About Hansel and Gretel - said that historical records pointed to the story being based on fact. Are we too quick to dismiss the truth behind tall stories? Or are we always falling for tales that are too good to be true?

    The first of two special Halloween editions of Cautionary Tales. Next up... The Mummy's Curse.

    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

    See omnystudio.com/listener for privacy information.


    Do NOT Pass GO! May 28, 2021
    Show notes

    Lizzie J. Magie (played by Helena Bonham Carter) should be celebrated as the inventor of what would become Monopoly - but her role in creating the smash hit board game was cynically ignored, even though she had a patent.

    Discrimination has marred the careers of many inventors and shut others out from the innovation economy entirely. Could crediting forgotten figures such as Lizzie Magie help address continuing disparities in the patenting of new inventions?

    Read more about Tim's work at http://timharford.com/

    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

    See omnystudio.com/listener for privacy information.


    Wrong Tools Cost Lives May 21, 2021
    Show notes

    The British Government promised to create a "world-beating" system to track deadly Covid 19 infections - but it included an outdated version of the off-the-shelf spreadsheet software Microsoft Excel. The result was disastrous.

    When under pressure or lacking in expertise we can all be tempted to use a tool unsuitable for the job in hand. But whether fitting shelves or trying to halt a pandemic, we need to accept that cutting corners comes at a cost.

    Read more about Tim's work at http://timharford.com/

    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

    See omnystudio.com/listener for privacy information.


    Fritterin’ Away Genius May 14, 2021
    Show notes

    Claude Shannon was brilliant. He was the Einstein of computer science... only he loved "fritterin' away" his time building machines to play chess, solve Rubik's cubes and beat the house at roulette.

    If Shannon had worked more diligently - instead of juggling, riding a unicycle and abandoning project after project - would he have made an even greater contribution to human knowledge? Maybe... and maybe not. Are restlessness and "fritterin'" important parts of a rich and creative life?

    Read more about Tim's work at http://timharford.com/

    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

    See omnystudio.com/listener for privacy information.


    The Fan Who Infected a Movie Star May 07, 2021
    Show notes

    German measles is a minor illness for most people - but for unborn children it can be devastating. In 1943 - when the link was only just becoming clear - a young US marine decided to break rubella quarantine to meet the movie star Gene Tierney (played by Mircea Monroe). The marine was sick... and Gene was pregnant.

    The appalling consequences of that meeting tell us much about how our thoughtlessness can harm those around us - but the kind of tragedy that befell Tierney and her daughter can be averted if we appeal to the better parts of human nature.

    Read more about Tim's work at http://timharford.com/

    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

    See omnystudio.com/listener for privacy information.


    Whistleblower on the 28th Floor Apr 30, 2021
    Show notes

    Financial expert Ray Dirks (played by Jeffrey Wright) exposed one of the biggest corporate crimes of all time - and yet he was the one who ended up in front of the Supreme Court.

    Whistleblowers often face intimidation from those they bring to justice, but also face hostility from their co-workers, new employers, the authorities and even the public. Why are we suspicious of "tattletales" and what can we do to make vital whistleblowing easier?

    Read more about Tim's work at http://timharford.com/

    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

    See omnystudio.com/listener for privacy information.


    Masterly Inactivity Versus Micromanaging Apr 23, 2021
    Show notes

    Lady Sale (played by Helena Bonham Carter) was part of a bloody and ignominious British retreat from Afghanistan in 1842. The arrogant colonial invaders had thought intervening in Afghan affairs and dominating the country would be easy - they were wrong. Lady Sale was among the lucky few to escape with her life.

    Wiser heads later recommended "masterly inactivity" as a better course of action. In politics, parenting and even medicine - avoiding the temptation to act is a sadly neglected art form.

    Read more about Tim's work at http://timharford.com/

    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

    See omnystudio.com/listener for privacy information.


    Demonizing Dungeons & Dragons Apr 16, 2021
    Show notes

    When James Dallas Egbert III was reported missing from his college dorm - one of America's most flamboyant private detectives was summoned to solve the case. "Dallas" had many of the same problems that most teenagers face - but P.I. William Dear stoked fears that he might have fallen under the evil spell of a mysterious and sinister game.... Dungeons & Dragons.

    The global panic about the dangers the role-playing game posed to impressionable young minds may seem quaint 40 years on - but again and again we show how fearful we are of creative endeavours we don't quite understand.

    Read more about Tim's work at http://timharford.com/

    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

    See omnystudio.com/listener for privacy information.


    Number Fever: How Pepsi Nearly Went Pop Apr 09, 2021
    Show notes

    Pepsi twice ended up in court after promotions went disastrously wrong. Other big companies have fallen into the same trap - promising customers rewards so generous that to fulfil the promise might mean corporate bankruptcy.

    Businesses and customers alike are sometimes blinded by the big numbers in such PR stunts - but it's usually the customers, not the businesses, who end up losing out.

    Read more about Tim's work at http://timharford.com/

    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

    See omnystudio.com/listener for privacy information.


    The Curse of Knowledge Meets The Valley of Death Apr 02, 2021
    Show notes

    Why were soldiers on horseback told to ride straight into a valley full of enemy cannon? The disastrous "Charge of the Light Brigade" is usually blamed on blundering generals. But the confusing orders issued on that awful day in 1854 reveal a common human trait - we often wrongly assume that everyone knows what we know and can easily comprehend our meaning.

    Starring Helena Bonham Carter as Florence Nightingale.

    Read more about Tim's work at http://timharford.com/

    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

    See omnystudio.com/listener for privacy information.


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