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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Ferdinand De Lesseps, "the Great Frenchman", is convinced that he is the man to build the Panama Canal. No, he isn't an engineer and, no, he's never actually been to Panama before. But he managed to dig the Suez Canal, and everyone said that would be impossible too. How hard can it be?

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

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.

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In 1978 the world is on the brink of declaring victory over smallpox. No cases have been seen for months, and it looks like the end for a deadly, painful disease. When a photographer in Birmingham begins to feel ill, doctors are mystified: it looks like smallpox, but how could she have caught it? As they try to contain the outbreak, questions about blame and lab safety erupt in a media frenzy, questions that remain today.

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

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.

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In 1900, two friends in the flourishing Arts and Crafts Movement in London share a vision: to print the ultimate edition of the Bible. Together they create The Doves Press, and its unique font, Doves. But in their quest to make something beautiful, the friends spiral towards an act of incredible ugliness.

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

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.

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Cautionary Tales returns with a new episode on May 2nd.

Both of the world’s greatest economists, Irving Fisher and John Maynard Keynes, thought they could see into the future and make a killing on the stock market - and then both were wiped out by the Wall Street Crash. One died a pauper, the other millionaire. What does it take to bounce back from ruin? Oh... and UFOs.

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Here's a special episode from our friends at You Must Remember This. Hitchcock’s most iconic decade— a decade of Technicolor grandeur and peril inflicted on famous blondes—came to an end in 1964 with Marnie, a critical and box office flop which wounded Hitchcock’s ego and left him unsure how to move forward in a changing world. His four final films—Torn Curtain, Topaz, Frenzy, Family Plot—are the result of his efforts to mix up his formula for an era in which he felt ripped off by James Bond and mourned the decline of the Golden Age stars.

Listen to You Must Remember This wherever you get your podcasts.

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20 years ago, a book called Freakonomics became an instant bestseller and worldwide sensation. Tim Harford got his hands on the first copy that Steve Levitt ever signed... and promptly sold it on eBay. In this Cautionary Conversation, the pair are reunited to discuss the Freakonomics phenomenon, why Levitt left the hostile world of academia, and how simple changes could revolutionise everything from education to organ donation.

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

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.

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When Britain entered its first Covid-19 lockdown in March 2020, many found comfort in evoking the British wartime spirit. A timely hero emerged - Captain Tom Moore, a WWII veteran who walked up and down his garden to raise money for frontline nurses. But when the fundraising switched to a new charity, did anyone think to check where was the money was going?

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

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.

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