President Jimmy Carter had a brother, and this brother LOVED beer. Billy Carter was a big 1970s celebrity and a struggling brewery decided to bet on him to revive its fortunes. Together they created Billy Beer and launched a huge ad campaign. The beverage was a global sensation... except nobody including Billy liked the taste. Billy Beer was a flop.  

Billy Beer was emblematic of American brewing at the time. It was all bad beer and gimmicky marketing. Coincidentally, it was Jimmy Carter who would change that. He signed a new tax law that kickstarted the craft beer revolution which brought us some of modern America's most popular brews. 

Write to us at businesshistory@pushkin.fm

President Jimmy Carter had a brother, and this brother LOVED beer. Billy Carter was a big 1970s celebrity and a struggling brewery decided to bet on him to revive its fortunes. Together they created&nbsp;Billy Beer and launched a huge ad campaign. The beverage was a global sensation... except nobody including Billy liked the taste. Billy Beer was a flop.&nbsp;&nbsp;
Billy Beer was emblematic of American brewing at the time. It was all bad beer and gimmicky marketing. Coincidentally, it was Jimmy Carter who would change that. He signed a new tax law that kickstarted the craft beer revolution which brought us some of modern America's most popular brews.&nbsp;
Write to us at&nbsp;<a href="mailto:businesshistory@pushkin.fm">businesshistory@pushkin.fm</a>

It’s the history of business. How did Hitler’s favorite car become synonymous with hippies? What got Thomas Edison tangled up with the electric chair? Did someone murder the guy who invented the movies? Former Planet Money hosts Jacob Goldstein and Robert Smith examine the surprising stories of businesses big and small and find out what you can learn from those who founded them.

It&rsquo;s the history of business. How did Hitler&rsquo;s favorite car become synonymous with hippies? What got Thomas Edison tangled up with the electric chair? Did someone murder the guy who invented the movies? Former Planet Money hosts Jacob Goldstein and Robert Smith examine the surprising stories of businesses big and small and find out what you can learn from those who founded them.

Business History

Billy Beer: When American Beer Hit Bottom, Then Bounced Back

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e188d760-bf38-42fe-905e-b49400cbc4de/transcript

This is a special crossover episode with Cautionary Tales with Tim Harford. 

John DeLorean was a top car executive - but he was too maverick to fit into the oppressive corporate culture of GM. He wanted to make a new and exciting sports car - a futuristic stainless steel marvel with distinctive gull-wing doors (which found fame in Back to the Future). He just needed someone to give him millions of dollars to get started. 

The British government agreed to foot the bill, but only if DeLorean built his factory in a troubled part of Northern Ireland. The cars coming off the production line were beset with problems and sales slowed down. Company finances were also strained by DeLorean's spendthrift ways and brazen theft. Finally, someone offered DeLorean a lifeline if only he'd come in on a cocaine deal.   

Write to us at businesshistory@pushkin.fm

This is a special crossover episode with <a href="https://www.pushkin.fm/podcasts/cautionary-tales">Cautionary Tales with Tim Harford</a>.&nbsp;
John DeLorean was a top car executive - but he was too maverick to fit into the oppressive corporate culture of GM. He wanted to make a new and exciting sports car - a futuristic stainless steel marvel with distinctive gull-wing doors (which found fame in&nbsp;Back to the Future). He just needed someone to give him millions of dollars to get started.&nbsp;
The British government agreed to foot the bill, but only if DeLorean built his factory in a troubled part of Northern Ireland. The cars coming off the production line were beset with problems and sales slowed down. Company finances were also strained by DeLorean's spendthrift ways and brazen theft. Finally, someone offered DeLorean a lifeline if only he'd come in on a cocaine deal.&nbsp; &nbsp;
Write to us at&nbsp;<a href="mailto:businesshistory@pushkin.fm">businesshistory@pushkin.fm</a>

The DeLorean Saga: Fraud, Drug Deals and Marty McFly's Car

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8638acc5-f9e5-40cb-bf5d-b49400cc5e39/transcript

Momofuku Ando told the world he invented instant ramen noodles in a shed in his backyard. In Japan, there's not one, but two museums celebrating this breakthrough. Only Ando wasn't the first person to flash-fry noodles to preserve them - but he was willing to sue any rival ramen maker.  

Ando had suffered repeated business failures and even been jailed for tax fraud - but he created an origin story for his instant noodles so compelling that it helped him build a convenience food empire that sent instant ramen everywhere on earth and finally into space.   

Write to us at businesshistory@pushkin.fm

Momofuku Ando told the world he invented instant ramen noodles in a shed in his backyard. In Japan, there's not one, but two museums celebrating this breakthrough. Only Ando wasn't the first person to flash-fry noodles to preserve them - but he was willing to sue any rival ramen maker.&nbsp;&nbsp;
Ando had suffered repeated business failures and even been jailed for tax fraud - but he created an origin story for his instant noodles so compelling that it helped him build a convenience food empire that sent instant ramen everywhere on earth and finally into space.&nbsp; &nbsp;
Write to us at&nbsp;<a href="mailto:businesshistory@pushkin.fm">businesshistory@pushkin.fm</a>

The Tangled Story of Instant Ramen

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/04de9f52-ccda-4418-8470-b49400cbe771/transcript

Before 1450, books were written out by hand. It was slow and expensive. But Johannes Gutenberg borrowed a ton of money to create a printing press that could crank out Bibles and pamphlets and documents in huge numbers. Science, politics and philosophy were all up-ended. 

For example, the Catholic Church seized on the invention to sell special certificates absolving people of their sins - a move that made money, but caused a permanent schism in Christianity.   

And Gutenberg too found himself in trouble - when a financier sued the inventor to reclaim his loan, plus interest.  

Write to us at businesshistory@pushkin.fm

Before 1450, books were written out by hand. It was slow and expensive. But Johannes Gutenberg borrowed a ton of money to create a printing press that could crank out Bibles and pamphlets and documents in huge numbers. Science, politics and philosophy were all up-ended.&nbsp;
For example, the Catholic Church seized on the invention to sell special certificates absolving people of their sins - a move that made money, but caused a permanent schism in Christianity.&nbsp; &nbsp;
And Gutenberg too found himself in trouble - when a financier sued the inventor to reclaim his loan, plus interest.&nbsp;&nbsp;
Write to us at&nbsp;<a href="mailto:businesshistory@pushkin.fm">businesshistory@pushkin.fm</a>

The Printing Press: The Invention Built on Debt and Sin

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bc5d5958-6eb7-463c-bc0c-b48f00dbb24c/transcript

Billy Beer: When American Beer Hit Bottom, Then Bounced Back

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