Tim Harford
Tim Harford’s long-running column in the Financial Times, “The Undercover Economist,” reveals the economic ideas behind everyday experiences. His first book, The Undercover Economist, was published in 30 languages and sold…
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The children of North End, Boston, play in the shadow of an enormous steel tank of molasses. The thick, sticky sugar syrup is being used to make munitions for the First World War. When a worker notices dark molasses seeping from the tank he warns the company that there could be a leak. But the man in charge, Arthur Jell, has more important things to worry about: schedules to meet and profits to make. Besides, it’s only sugar. How dangerous could it be?
For the sources, see the show notes at timharford.com.
The Host
