50 Things That Made the Modern Economy

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BUSINESS

The history of economics explained, without ads

€2,99/month or €29,99/year

Tim Harford tells the fascinating stories of inventions, ideas and innovations which have helped create the economic world.

22/07/2021

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Gutenberg press

Johannes Gutenberg's printing press changed the course of human history. It created a new way of doing business, drastically reduced the cost and speed of making books, and enabled texts, ideas and arguments to spread further and faster than ever before. So why did he struggle to make money from it?

10 min
24/02/2020

Slot machines

First developed by a toy company in the 1890s, slot machines have become one of the most profitable tools of the gambling trade - but many who play them say winning isn't the point. So why can't people pull themselves away? Tim Harford looks under the spinning wheels and flashing lights to see what these devices reveal about the business of addiction.

10 min
17/02/2020

Chess algorithms

In 1997, Garry Kasparov, widely regarded as the world's greatest chess player, was defeated by Deep Blue, a computer. But how much did that reveal about the 'brainpower' of machines? Tim Harford explains by delving into the history of algorithms. They've been used by mathematicians and scientists for millennia, but have acquired a new level of power and importance in the digital age.

10 min
10/02/2020

Auctions

Are things only worth what people are willing to pay for them? Tim Harford explains why a method of buying and selling that originated in ancient times has endured to the present day, and is now underpinning the success of some of the internet's most powerful brands.

10 min
03/02/2020

Dams

From reliable water supplies to large-scale electricity generation, the benefits brought by dams can be huge. But so can the problems. Tim Harford explains how these massive structures have changed the world for many, but led to catastrophe for others.

10 min
27/01/2020

Tulips

In the 1630s, the Netherlands experienced 'tulip mania' - a surge in demand for tulips from wealthy buyers, with some individual bulbs costing twenty times more than a carpenter's annual salary. Then, in February 1637, the price suddenly crashed. It's often cited as the first great financial bubble, but is that really the case? Tim Harford tries to sort fact from fiction.

10 min

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How did the planet's richest people make their billions? From celebrities and secretive CEOs to sporting legends and tech titans, Simon Jack and Zing Tsjeng find out, and then decide whether they think they’re good, bad, or just another billionaire. Ever wondered how Taylor Swift went from country singer to money-spinner? How Amazon boss Jeff Bezos came to launch one of the biggest corporations of the internet age? And how six-time NBA champion Michael Jordan made his fortune with Nike? Good Bad Billionaire is here to analyse the minds, motives and money of some of the world's wealthiest individuals. No detail is too small and no story too wild to uncover. Join us on a global journey, discovering all we can about some of the richest people on the planet. We hear about billionaires in Russia, China, New Zealand, India, Nigeria and the UK. In the United States, there are those who made their money in Silicon Valley, on Wall Street and high street fashion. Exploring the lives of Oprah Winfrey, Bill Gates, Rupert Murdoch, El Chapo, Narayana Murthy and Kim Kardashian, this podcast paints a vivid picture of business, entrepreneurship, capitalism and how our world really works. In season two, we learn how the likes of Jerry Seinfeld, Peter Jackson, Doris Fisher and George Soros came to join the billionaires' club. We explore how Tiger Woods went from a child golfing prodigy to the world’s highest paid athlete, how a communist mime artist became the boss of fashion house Prada and how Russian oligarch Roman Abramovich bought an English football club. Find out how Mukesh Ambani became Asia’s richest person, and how Patrice Motsepe became the first black billionaire in a post-apartheid South Africa. Plus, we examine some of the biggest names behind the technology shaping our world – the founders of TikTok, Google, ChatGPT, Alibaba and Bumble. But it's not just how these billionaires made their money; it's what they did with it next. Ultimately, Simon and Zing consider whether they think these people are a force for “good”, the opposite, or somewhere in between. Join Simon Jack, business editor for BBC News, and journalist, author and podcaster Zing Tsjeng as this podcast unravels tales of fortune, power, ambition and moral responsibility, and invites you to make up your own mind: are they Good, Bad, or Just Another Billionaire? New episodes released on Mondays.

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Tim Harford

Host

5

out of 5

3 Ratings

Tim Harford tells the fascinating stories of inventions, ideas and innovations which have helped create the economic world.

Channel

BBC
Creator

BBC World Service
Years Active

2016 - 2021
Episodes

110
Rating

Clean
Show Website

50 Things That Made the Modern Economy
Provider

BBC Studios Distribution Limited has identified itself as a trader for this podcast and confirmed that this product or service complies with European Union law. Address 1 Television Centre 101 Wood Lane London London W12 7FA United Kingdom Phone Number +44 7590176301 Email greg.styger@bbc.com