Sixteen years have passed since Ferdinand De Lesseps' catastrophic failure in Panama and the dramatic collapse of the French Panama Canal company. Now, President Theodore Roosevelt has picked up the task. “No single great material work,” Roosevelt tells Congress, “is of such consequence to the American people.”

The Americans have their work cut out. Enter chief engineer John Stevens. How does he spot a problem no-one else has noticed? And what does he do to solve it?

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

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Sixteen years have passed since Ferdinand De Lesseps' catastrophic failure in Panama and the dramatic collapse of the French Panama Canal company. Now, President Theodore Roosevelt has picked up the task. &ldquo;No single great material work,&rdquo; Roosevelt tells Congress, &ldquo;is of such consequence to the American people.&rdquo; The Americans have their work cut out. Enter chief engineer John Stevens. How does he spot a problem no-one else has noticed? And what does he do to solve it?
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For a full list of sources, see the show notes at <a href="https://timharford.com/">timharford.com</a>.
Get ad-free episodes, plus an exclusive monthly bonus episode, to Cautionary Tales by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks exclusive binges, and bonus content for all Pushkin shows. Subscribe on Apple: <a href="http://apple.co/pushkin">apple.co/pushkin</a> Subscribe on Pushkin:&nbsp;<a href="https://www.pushkin.fm/join-pushkin">pushkin.fm/plus</a>

We tell our children unsettling fairy tales to teach them valuable lessons, but these Cautionary Tales are for the education of the grown ups – and they are all true. Tim Harford (Financial Times, BBC, author of “The Data Detective”) brings you stories of awful human error, tragic catastrophes, and hilarious fiascos. They'll delight you, scare you, but also make you wiser. New episodes every Friday.

We tell our children unsettling fairy tales to teach them valuable lessons, but these Cautionary Tales are for the education of the grown ups &ndash; and they are all true. Tim Harford (Financial Times, BBC, author of &ldquo;The Data Detective&rdquo;) brings you stories of awful human error, tragic catastrophes, and hilarious fiascos. They'll delight you, scare you, but also make you wiser. New episodes every Friday.

Cautionary Tales with Tim Harford

We tell our children unsettling fairy tales to teach them valuable life lessons, but these Cautionary Tales are for the education of the grown ups – and they are all true. Tim Harford (Financial Times, BBC, author of “The Data Detective” and “The Undercover Economist”) brings you stories of awful human error, tragic catastrophes, daring heists and hilarious fiascos. They'll delight you, scare you, but also make you wiser. New episodes every Friday.

We tell our children unsettling fairy tales to teach them valuable life lessons, but these Cautionary Tales are for the education of the grown ups &ndash; and they are all true. Tim Harford (Financial Times, BBC, author of &ldquo;The Data Detective&rdquo; and &ldquo;The Undercover Economist&rdquo;) brings you stories of awful human error, tragic catastrophes, daring heists and hilarious fiascos. They'll delight you, scare you, but also make you wiser. New episodes every Friday.

Roosevelt and the Renegade (Panama Disaster 2)

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/96a8c640-d406-4ca8-ada9-b2e500ef2b49/transcript

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