About this episode
The FT’s Rob Armstrong sits down with Tim Harford, host of the podcast Cautionary Tales , to discuss Ponzi schemes, how they spiral out of control and what differentiates them from bubbles — and from Amazon. Plus, we go long pyramid schemes and short, as usual, crypto. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer Check out Tim’s podcast, Cautionary Tales , and the full story on Sam Israel’s Ponzi scheme here . Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.