Cautionary Tales with Tim Harford

• How Trump is Getting the Game Theory Wrong from Risky Business

  Today we’re sharing an episode from another Pushkin Industries show that we think you’ll enjoy: How Trump is Getting the Game Theory Wrong from Risky Business. This week, Nate and Maria discuss Trump’s tariffs and analyze his strategy from a game theory perspective. They get into the difference between zero-sum and cooperative games, speculate on how Trump would act in the dictator game, and discuss the rationality of revenge. Then, they talk about the reboot of the infamous Fyre Festival, and why con artists so rarely reform. For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.

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• Would You Trust a Gangster Nanny? - Cautionary Questions with Rachel Botsman

  Do we trust our fitness trackers too much? How do fraudsters gain our faith? Why do people trust podcasters? And would you trust a drug dealing nanny with a tambourine? Tim Harford is joined by trust expert Rachel Botsman to answer your questions. Rachel lectures in trust at Oxford University and her new audiobook How To Trust and Be Trusted is available via Pushkin.fm and wherever audiobooks are sold.We love hearing from you, so please keep your questions coming: [email protected] omnystudio.com/listener for privacy information.

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• Lights, Camera, Tax Break

  When Ernest Borgnine gets his big break in Hollywood, he can hardly believe his luck. But soon he discovers his supposed star vehicle, Marty, is not the dream gig he thought it was. In this episode of Cautionary Tales, recorded live at the Bristol Festival of Economics, Tim Harford examines what happens when the murky world of tax avoidance collides with the glitz and glamour of Hollywood. For a full list of sources, see the show notes at timharford.com.See omnystudio.com/listener for privacy information.

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• The Nursery Rhyme That Ruined a Rock Band

  "Down Under" was huge. This jokey ode to legendary Australian wanderlust helped Men at Work win a Grammy and was a key part of the band's creative legacy. By 2007, it had been earning Men At Work a steady stream of royalties for nearly 30 years. That was when a quiz show pointed out the song's subtle connection with an Australian nursery rhyme... Tim Harford examines one of the most controversial copyright battles in music history. Where does inspiration end and infringement begin? For a full list of sources, see the show notes at timharford.com.See omnystudio.com/listener for privacy information.

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• The Widow Who Disrupted Champagne (with Ben Walter)

  Tim Harford is joined by Ben Walter, CEO of Chase for Business and the host of "The Unshakeables" podcast, to explore the story of the trailblazing Widow Clicquot. Her namesake brand Veuve Clicquot revolutionized the champagne industry in the 19th century. Tim and Ben look at how she defied expectations and built one of the most iconic businesses in history. This episode is sponsored by Chase for Business. For a full list of sources, see the show notes at timharford.com. See omnystudio.com/listener for privacy information.

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