Cautionary Tales with Tim Harford

Galileo tried to teach us that adding more and more layers to a system intended to avert disaster often makes catastrophe all the more likely to happen. His basic lesson has been ignored in nuclear power plants, financial markets and at the Oscars... all resulting in chaos.

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

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One crisp morning in Berlin, in 1906, a small group of soldiers were led on an extraordinary heist by a man they believed to be a Captain. So how did an ageing nobody in a fake uniform trick them into aiding him in the crime of the century? Some say we humans will obey orders from anyone who dresses the part... but the real reason why we fall for tricksters time and again is far more interesting. Fraudsters and charlatans reel us in slowly by using psychology against us.

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

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Torrey Canyon was one of the biggest and best ships in the world - but its captain and crew still needlessly steered it towards a deadly reef known as The Seven Stones. This course seemed like utter madness, but the thinking that resulted in such a risky manoeuvre is something we are all prone to do when we fixate on a goal and a plan to get us there.

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

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Coming November 15 from Tim Harford and Pushkin Industries, Cautionary Tales relates a true story of a time when something did not go according to plan. Some of these true stories are tragic, some are comic, but like the great fables and parables, each of them has a moral. Equipped with the latest research from psychology, economics and the social sciences, Harford explains why things went so awry – and teaches us lessons that we won’t forget.

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