Cautionary Book Club:When Morgan Stanley offered to lease Chicago's parking meters for the princely sum of $1 billion, the City Council were convinced that they had struck gold. They hastily signed the deal. But they soon learnt that they hadn't just traded away parking revenue - they had traded away the streets themselves...

In this hybrid episode of Cautionary Tales, Tim Harford first tells the story of the Chicago parking metres fiasco of 2008. In the second half, Tim is joined by Henry Grabar, author of Paved Paradise, to discuss the lessons we can glean from Chicago's deal with Wall Street, and why parking is such an emotive issue for so many.

Cautionary Book Club: When Morgan Stanley offered to lease Chicago's parking meters for the princely sum of $1 billion, the City Council were convinced that they had struck gold. They hastily signed the deal. But they soon learnt that they hadn't just traded away parking revenue - they had traded away the streets themselves...
In this hybrid episode of Cautionary Tales, Tim Harford first tells the story of the Chicago parking metres fiasco of 2008. In the second half, Tim is joined by Henry Grabar, author of Paved Paradise, to discuss the lessons we can glean from Chicago's deal with Wall Street, and why parking is such an emotive issue for so many.

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.

The City That Sold Itself To Wall Street

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/59b42595-c0be-45a7-b931-b06e00ff76e8/transcript

Evel Knievel, the world-famous daredevil, is planning his greatest ever stunt. In 1974, he wants to leap over Snake River Canyon in Idaho. The chasm is almost a third of a mile wide, much bigger than any jump he's done before. To make it work, he'll need a custom-made rocket-powered "Skycycle," TV camera crews and - most importantly - a very positive attitude. 

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

Join our Cautionary Club to get episodes ad-free, hear bonus interviews and get an extra Cautionary Tale every month.

Evel Knievel, the world-famous daredevil, is planning his greatest ever stunt. In 1974, he wants to leap over Snake River Canyon in Idaho. The chasm is almost a third of a mile wide, much bigger than any jump he's done before. To make it work, he'll need a custom-made rocket-powered "Skycycle," TV camera crews and - most importantly - a very positive attitude.&nbsp;
For a list of sources, see the show notes at <a href="https://timharford.com/">timharford.com</a>.
Join our <a href="http://patreon.com/cautionaryclub" data-airgap-id="11">Cautionary Club </a>to get episodes ad-free, hear bonus interviews and get an extra Cautionary Tale every month.

Evel Knievel Faces the Abyss 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/386a6856-3e1e-48c9-8ff1-b4ba01458e45/transcript

In 1942, eight men are sent from Nazi Germany to infiltrate America. Their mission: to sabotage critical infrastructure. Their problem: they're idiots. Operation Pastorius soon devolves into one of the most baffling failures of World War II.

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

In 1942, eight men are sent from Nazi Germany to infiltrate America. Their mission: to sabotage critical infrastructure. Their problem: they're idiots. Operation Pastorius soon devolves into one of the most baffling failures of World War II.
For a list of sources, see the show notes at <a href="https://timharford.com/">timharford.com</a>

Dumm und Dümmer: Hitler Invades Florida

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/816edf96-7009-4013-b656-b4b30111f2f5/transcript

This is a special crossover episode with Business History.

John DeLorean was a visionary who wanted to create a futuristic new sports car - a stainless steel marvel with distinctive gull-wing doors. The British Government agreed to finance the project, provided he built his factory in a troubled part of Northern Ireland. Production stumbled, sales fizzled and DeLorean liked to fiddle with the numbers. As the company approached ruin, a neighbour offered DeLorean a lifeline, if he'd only come in on a cocaine deal.  

See the show notes at timharford.com

This is a special crossover episode with <a href="https://www.pushkin.fm/podcasts/business-history" data-airgap-id="12">Business History.</a>
John DeLorean was a visionary who wanted to create a futuristic new sports car - a stainless steel marvel with distinctive gull-wing doors. The British Government agreed to finance the project, provided he built his factory in a troubled part of Northern Ireland. Production stumbled, sales fizzled and DeLorean liked to fiddle with the numbers. As the company approached ruin, a neighbour offered DeLorean a lifeline, if he'd only come in on a cocaine deal.&nbsp;&nbsp;
See the show notes at <a href="https://timharford.com/">timharford.com</a>

The DeLorean Saga: Fraud, Drugs and Marty McFly's Car - with Business History 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/953b2199-1b20-4770-b8e0-b4ac014a24d5/transcript

The City That Sold Itself To Wall Street

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