Cautionary Tales with Tim Harford

It's the season of giving: colorful paper and shiny bows, sure, and charitable giving, too. In this special episode, Jacob Goldstein, the host of What's Your Problem, gets smart about donating.

Did you know that spending money on others makes you happier than spending money on yourself? Or that altruistic nerds have discovered four of the most impactful charities in the world (per dollar spent)? Have you ever wondered how poker players think about giving?

Dr. Laurie Santos from The Happiness Lab, Elie Hassenfeld of GiveWell, and Nate Silver and Maria Konnikova from Risky Business talk about how to maximize your giving – and why you’ll be happy you did.

Link to donate: https://givingmultiplier.org/happinesslab

Listen to The Happiness Lab with Dr. Laurie Santos

Listen to Risky Business

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What really drove the 2008 financial crash? What’s a shadow bank? And what’s the connection between NIMBYs and BANANAs? Tim Harford and Jacob Goldstein answer more of your questions.

Do you have a question for Tim? Please send it in to [email protected].

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Charles Darwin was stumped by peacocks. According to his theory of evolution, some creatures were better equipped to survive in their particular environment than others. It explained a lot - but it didn't explain the peacock's brightly coloured tail feathers, which were extravagant and cumbersome. Surely such plumage made it harder for peacocks to survive?

It so happens that the life of Darwin's own grandfather offered clues to the puzzle of the peacock's tail - if only he'd known to look there...

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

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In 1827, Edinburgh, Scotland was a world centre for anatomical study, but there was a shortage of cadavers for medical students to dissect. Two men, William Burke and William Hare, spotted a grim business opportunity. They began sourcing bodies - by any means possible...

In this episode of Cautionary Tales - recorded live at the Podcast Show in London - true crime meets economics. Tim Harford's hair-raising story explores a question: what makes some markets acceptable, and others repugnant?

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

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Tim Harford joined Nate Silver and Maria Konnikova on their podcast Risky Business to discuss two of history’s most compelling swindlers: Sam Israel III and John Law.

We hope you enjoy this episode of Risky Business. It's available wherever you listen to podcasts.

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India, 1930. Sarojini Naidu is marching towards a British-controlled saltwork; behind her is a long column of protestors all dressed in white. The great campaigner for India's Independence, Gandhi, is now in jail. In his place, he's chosen Naidu to lead this movement against the hard and fearsome British Empire.

Naidu and her marchers want change, and they want to achieve it peacefully. India's fate, they believe, depends on a non-violent path to resistance.

Today, there will be violence. But it won't come from them.

This is the final episode in a four-part series about how to succeed without being a jerk. This episode is based on David Bodanis' forthcoming book How To Change The World, which is scheduled to be published in late 2025.

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Early morning, April 1789. Captain Bligh is abruptly dragged from his cabin. Wrists bound, bayonet pressed to his chest, he and a few loyal sailors are forced into a tiny launch and set adrift on the vast Pacific Ocean. This far from land, no-one is likely to survive for long.

History remembers Captain Bligh as a cruel, petty tyrant. The reality is more complicated. Bligh championed rational thought and showed his men great kindness on that famous voyage on the Bounty - yet it ended in mutiny. So what went wrong? 

This is the third episode in a four-part series about fairness. It's based on David Bodanis' excellent book The Art of Fairness: The Power of Decency In A World Turned Mean.

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

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Paul Starrett has just won a major building contract. If everything goes according to plan, this will be the tallest building in the world. But will everything go according to plan?

This prestigious new project will have Starrett's biggest workforce yet. Everyone will need to pull together, but labour relations in the United States have been rough. There have been tens of thousands of strikes in recent years, many ending in shootings and arbitrary mass arrests.

Something else is bothering Starrett too: enormous steel-framed buildings normally take three or four years to complete. The deadline on this one? Just thirteen months.

This is the second episode in a four-part series about how to succeed without being a jerk. It's based on David Bodanis' excellent book The Art of Fairness: The Power of Decency in a World Turned Mean.

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

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Leo Durocher would stop at nothing to win. The baseball player-turned-manager was a skilled tactician and famously tough. But he also cheated, intimidated umpires and was violent; he was even known to beat up fans. Durocher was famous for coining the phrase "nice guys finish last" - but is that really true?

Tim Harford and David Bodanis examine lessons from the life of a ruthless, pugnacious baseball star. This is the first episode of a four-part series about how to succeed without being a jerk. It's based on David's book The Art of Fairness: The Power of Decency in a World Turned Mean.

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

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Tim Harford's life has been building up to this moment. In this Cautionary Conversation, he discusses the works of his favorite author J.R.R. Tolkien and the social science at play in Amazon Prime's series The Rings of Power. What do elves and whistleblowers have in common? How can evil hide in plain sight? And where do orcs come from?

Season 2 of The Rings of Power is available to watch on Prime Video from August 29th.

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