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Prediction Markets: The Wild History of Betting on Taylor Swift and Popes
A live mash-up between Business History and Bloomberg's Everybody's Business (https://www.bloomberg.com/podcasts/series/everybodys-business). On platforms like Kalshi and Polymarket you can bet on just about anything - from Taylor Swift's a
Who Owns a Song? Bowie, McCartney, Michael Jackson and the Royalty Wars
Once if you wrote a hit song there was no guarantee it would make you rich. So songwriters formed a cartel - the American Society of Composers, Authors and Publishers. ASCAP started suing concert halls, cafes and nightclubs to claim back ro
How GM Beat Ford: The Character Flaw That Cost Henry Ford His Crown
Ford was the pre-eminent American car maker and Henry Ford was the king of modern manufacturing, until a Michigan cigar salesman decided to consolidate a bunch of small auto companies into a single firm to defeat the Colossus of Detroit. Ge
Henry Ford Invented the Modern World... Then Got Left Behind
Farm boy Henry Ford hated toil. If only someone could invent ways to work more efficiently, as well as cheap, reliable machines to take some of the strain. Ford was a tinkerer and a lover of the newly invented automobile - so he started bui
War, Exploration and Beer: How the Tin Can Changed the World
Old-fashioned ways of preserving food made for salty, vinegary or chewy meals - but it was often a choice between that or starving. Soldiers, explorers and ordinary people alike faced malnutrition and food poisoning - but then came a French
A&P: How America’s Biggest Grocery Chain Became Public Enemy No. 1
Mom and Pops grocery stores were charming, but inefficient. They contributed to Americans either spending a lot on their food or having to go hungry. The Great Atlantic and Pacific Tea Company changed the entire model. The A&P established a
The Rise and Fall of Atari (and the E.T. the Extra-Terrestrial Game That Sank It)
Nolan Bushnell loved weed, hot tubs and games... especially games. He took computer games out of the laboratory and put them in bars. His arcade game Pong was a monster hit, so he set up Atari to build a home games console which became the
How a Bad Boss Kickstarted Silicon Valley
William Shockley was an electronics genius - he even won a Nobel Prize - but he was an awful boss. Shockley was a cruel, paranoid micromanager. And this annoyed the staff of brilliant young engineers he'd assembled in a quiet town in Northe
Sears: Cocaine Wine, Shotguns, and the World’s Tallest Tower
Richard Warren Sears started off selling pocket watches - then published a catalog full of hundreds and hundreds of products from shotguns to cocaine wine. Sears & Roebuck offered even Americans living on remote farms the chance to shop lik
De-Nazifying the Love Bug: The VW Beetle Story Part II
It's 1945. The Volkswagen factory has been bombed and members of the staff have been arrested as war criminals. So how did the company turn around in just a few years and begin making Beetle cars that became a global sensation? Big politica
Hitler's Gift to the Hippies: The VW Beetle Story Part I
The VW Beetle was the biggest selling car of all time - and it found particular favor with people like hippies and surfers. But this icon of the 60s counterculture had its roots in Nazism. The Volkswagen - the People's Car - was an obsessio
How Jim Simons Built a Machine That Beat the Market
Jim Simons loved cigarettes and math. He started out as an academic mathematician and a Cold War code breaker - but decided to use his skills to write computer programs to spot investment opportunities in the financial markets. Simons and h
Warren Buffett vs. Tech: The Investing Rule That Made Him a Legend
Young Warren Buffett became rich in anonymity - but in the 1980s he became a global star. During the excesses of 1980s Wall Street the middle-aged investor was reluctantly drawn into the spotlight to save troubled companies. And then came t
How Warren Buffett Found Value No One Else Saw
Warren Buffett rose from obscurity to become the richest person in the world - and he did it in a unique way. As a boy in Omaha he collected information obsessively - writing down car license numbers and hoarding bottle caps. As a young man
Jesse Livermore: The Trader Who Saw the 1929 Crash Coming
The stock market was once a Wild West free-for-all. There were few rules or regulations. Investors were more or less gambling, or manipulating stocks to make a profit. This is the world Jesse Livermore came to dominate. He would often bet a
How a Labor Rights Lawsuit Rocked Major League Baseball
Curt Flood was the best center fielder in baseball and one of the game's highest payed players. He helped the St Louis Cardinals reach the 1968 World Series... but then got traded. The rules said he had no say in the decision. He either cou
Did Thomas Edison Eliminate His Biggest Rival? (Thomas Edison, Pt. 3)
The man who invented the movie camera got on a train in France in 1890 and was never seen again. The wife of Louis Le Prince thought she knew who’d ordered her husband’s disappearance and presumed murder - Thomas Alva Edison. Many people we
Edison vs. Tesla: The Power War That Gave Us the Electric Chair (Thomas Edison, Pt. 2)
Thomas Edison didn’t invent the lightbulb, but he created something more important: the grid. Edison's system of power plants and wires brought lightbulbs to homes and offices and revolutionized modern life. Edison was adamant that direct c
The Edison Invention People Don't Talk About (Thomas Edison, Pt. 1)
Thomas Alva Edison helped transform America and the world. He registered over one thousand patents before he died in 1931 - and we can thank him for advances in electric power, communications technology, music recording and even the movies.
The Secret of Southwest's Success: Free Whisky, Hot Pants and Low, Low Fares
It's hard to make money running an airline - but Southwest was profitable every year for nearly five decades. How did it manage it? Business History hosts Jacob Goldstein and Robert Smith explore how a carrier with just four airplanes shutt
Coming Soon: Business History with Robert Smith and Jacob Goldstein
Was the world's most lovable car originally made just to please Hitler? And what links Thomas Edison and the electric chair? From Jacob Goldstein and Robert Smith of Planet Money fame comes Business History, a new show uncovering amazing st
