Podcast:Cautionary Tales with Tim Harford Published On: Fri Jan 05 2024 Description: Torrey Canyon was one of the biggest and best ships in the world - but its captain and crew still needlessly steered it towards a deadly reef known as the Seven Stones. This course seemed like madness, but the type of thinking that resulted in this risky maneuver is something we're all prone to... We have a treasure chest of Cautionary Tales to bring you in 2024, but first we need to take a short rest. This week we're taking you all the way back to the start, with a classic episode from our Cautionary Tales vault.See omnystudio.com/listener for privacy information.