When a perfectly planned project collapses under a once-in-a-century shock, what does it reveal about how cities—and the people who build them—understand risk? In this episode, we explore Black Swans, “third fists,” and why the improbable is far more predictable than we think.

Episode music: Hiccup Waltz by Giulio Fazio

License code: 0U8MXUHIXN8J67TY

Dark Light by Yeti Music

License code: R959TWF8XULLNTEK