Cautionary Tales Ep 4 – The Deadly Airship Race
A British Lord wanted to build the best airship in the world – and so he had two rival design teams battle it out to win the juicy government contract. Competition is supposed to bring the best out of people, but run in the wrong way it can cause people (and the things they make) to fall apart in the most horrifying ways.
Featuring: Alan Cumming, Russell Tovey, Rufus Wright, Melanie Gutteridge, Enzo Cilenti and Ed Gaughan.
Producers: Ryan Dilley and Marilyn Rust. Sound design/mix/musical composition: Pascal Wyse. Fact checking: Joseph Fridman. Editor: Julia Barton. Recording: Wardour Studios, London. GSI Studios, New York. PR: Christine Ragasa.
Thanks to the team at Pushkin Industries, Heather Fain, Mia Lobel, Carly Migliori, Jacob Weisberg, and of course, the mighty Malcolm Gladwell.
An excellent – but one-sided – account of the airship race is Nevil Shute Norway’s Slide Rule, while the case for Lord Thomson’s defence is put in Peter Masefield’s To Ride The Storm. Alfred Roubaille’s description of the crash is from Nigel Blundell’s The World’s Greatest Mistakes.
The academic studies:
Dan Ariely, Uri Gneezy, George Loewenstein, Nina Mazar, “Large Stakes and Big Mistakes” The Review of Economic Studies, Volume 76, Issue 2, April 2009, Pages 451–469, https://doi.org/10.1111/j.1467-937X.2009.00534.x
Robert Drago and Gerald T Garvey “Incentives for Helping on the Job: Theory and Evidence”
Journal of Labor Economics, 1998, vol. 16, issue 1, 1-25 http://dx.doi.org/10.1086/209880