Bonus: The fraudster's guide to magic money with Tim Harford

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. 

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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

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