Cautionary Tales with Tim Harford

Mike Lynch was often lauded as Britain's answer to Bill Gates. Born into a working-class family, Lynch's incredible intellect and passion for computers led him to become a billionaire tech entrepreneur. But behind the scenes, Lynch was a bully who couldn't bear criticism and was prone to creative accounting. When computer giant Hewlett Packard bought his company, Autonomy, it triggered one of the biggest fraud scandals in Sili...

Dick and Mac are content with their lives: they enjoy making burgers by day and stargazing by night. Ray Kroc is a workaholic chasing success at any cost. When the brothers' relaxed approach to business collides with Kroc's ruthless ambition it will birth one of the world's best-known brands. This is the story of two very different approaches to making hamburgers - and two very different approaches to making money.

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Tim is running the London Marathon on the 26th of April. To give him a week off to finish training, we're playing this running-themed classic from the archives. If you would like to donate to Teenage Cancer Trust, Tim's fundraising page is at tinyurl.com/HarfordMarathon - any support is very much appreciated.

Until the 1960s, it was deemed too "dangerous" for women athletes to run distances longer than 200m - and a marathon would k...

In 1860, police officer Robert O'Hara Burke plans an expedition to map the mysterious blank in the centre of Australia. Joining him is scientist William Wills, and a ragtag team of hires. Burke falls out with virtually everyone around him, and demonstrates an uncanny ability to make terrible choices - from the equipment he brings to the route he takes. But even as the mission unravels, one final, simple decision could sti...

Millionaire-making tech start-ups are most often associated with Silicon Valley. But this software revolution begins on a woman’s kitchen table in rural Britain in the 1960s. Steve Shirley faced extraordinary odds. After escaping Nazi Germany as a child, she later encountered workplace discrimination and endured deep personal tragedy. But she persevered to build a business decades ahead of its time, creating opportunities for...

As the Victorian era dawns, modernisation erodes the old ways of life and poverty rises. In the unrest, an unlikely hero emerges, capturing the imagination of the countryside's working class. He claims to be the new Messiah, and promises a better future. Despite his unconventional appearance and strange claims, his message resonates with the people of Kent, many of whom are willing to follow him into bloody battle. For this Caution...

In November 1979, Flight 901 departs New Zealand on a sightseeing journey over Antarctica, heading directly towards a volcano. When the plane vanishes, investigators are left with a mystery: how could a seasoned pilot miss a 12,000-foot peak? As they try to piece together the incident, conflicting stories emerge, key evidence disappears, and a troubling picture takes shape - one defined by human error, deceptive illusions, and the ...

This episode comes to you from the new podcast Drug Story, which investigates the origins, workings and cautionary tales behind today's medical interventions. In this episode, host Thomas Goetz investigates the rise of Xanax, a drug used to treat anxiety that has become one of the world's most counterfeited and abused drugs. What happens when a drug works too well, and how do we manage anxiety in an environment that seems to fuel i...

Robert Propst is more than an inventor: he is a visionary, an innovator dreaming up how to make the perfect office workstation. When he reveals his bold design for a creative, flexible 'cockpit of tomorrow', he comes into conflict with the unyielding push for workplace efficiency. This clash of ideals will go on to shape our working lives forever.

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

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In 1999, a series of bombs explode in Russian apartments, killing hundreds and spreading panic. No one knows who is behind it. But when one device is spotted before it detonates, troubling questions emerge. Was it really a bomb? Why is the country's security service changing its story? And why are the people who probe too closely turning up dead? Tim Harford is joined by Helena Merriman, host of new BBC podcast The History Bureau -...

Donald Crowhurst is a brilliant inventor with a failing business. When he hears about the Golden Globe Race offering publicity and cash to the fastest to sail around the world, it feels like the perfect solution. Betting his business and his home on success, Crowhurst sets off in a high-tech trimaran. 

Soon, the brutal Southern Ocean starts to look too much for his boat. Alone at sea, under mounting pressure, Crowhurst has a b...

Who will be the first to sail non-stop around the world? In 1968, The Sunday Times announces a trophy and a cash prize for the winner, and the Golden Globe Race is on. Leading the charge are Robin Knox-Johnston, an old-fashioned British patriot, and Bernard Moitessier, an enigmatic French philosopher. As monstrous seas and deadly gales close in, the difference between victory and disaster will come down to just one word.&...

This episode comes to you from American Criminal, the true-crime history podcast that takes you inside the minds of some of America's most notorious outlaws, exploring the dark side of the American dream.

In this series, host Jeremy Schwartz explores the scandal at the heart of the McDonald's Monopoly promotion. The chance to win a prize when you bought a burger was a massive marketing success, with McDonald's returning to the...

Chris McKinlay is a good-looking, smart student at UCLA, but he can't seem to get a girlfriend. He's a computing expert, so why not use his technology prowess to supercharge his search for a soulmate? He starts building an army of bots and unleashes them into the world of online dating. Chris' search for love leads him to some unexpected places, and it might be teaching us all the wrong lessons about love. 

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In the final days of the Sixties, The Rolling Stones join forces with other rock legends to plan a free concert at Altamont Speedway that will rival Woodstock. The "bad boys of rock" don't have the warmest relationship with the police, so they choose another option for security: The Hells Angels. They're both anti-establishment, they're both counterculture: what could possibly go wrong?

See the show notes at timharford.com

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Run by the charismatic Nicole Deadone, OneTaste billed itself as a sexual wellness startup celebrating the power of female orgasm. But behind the celebrity endorsements and promises of healing, lay a darker reality. When Bloomberg journalist Ellen Huet began to dig into the organisation, she uncovered financial, emotional and sexual exploitation of its members, many of whom would call the company a cult. Huet, author of Empire of O...

Tony Hsieh, the billionaire CEO of Zappos, is passionate about community. He pours his time, energy and fortune into building a network of like-minded people - first in Las Vegas, then Park City, Utah. But Tony's quest to build connection soon spirals into isolation, addiction and mistrust of those closest to him, revealing a contradictory truth about the pursuit of one of our most fundamental human needs.

WARNING: This epis...

They say the company Zappos is harder to get into than Harvard. Zappos may sell shoes, but its mission is to deliver WOW through a fun-focused company culture, making it one of the most coveted places to work in America. At the centre is CEO Tony Hsieh, obsessed with the hunt for happiness and driven by increasingly bold - and strange - ideas about how to find it.

See the show notes at timharford.com

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The sewing machine was once thought to be an impossible invention. It was such a complicated contraption that it would take more than one inventor, with more than one good idea, to make it work. Each of these inventors, including the notorious Isaac Singer, wanted the credit (and the fortune that came with it) for themselves. And so began the sewing machine war: a mire of backstabbing, stealing and misogyny.

See the show notes at t...