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Episode 605: 'What Goes Up'

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Episode 605: 'What Goes Up'

Podcast

Episode 605: 'What Goes Up'

Episode 605: 'What Goes Up'

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  • <iframe src="https://www.npr.org/player/embed/387775871/387813382" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Library of Congress
Roger Babson
Library of Congress

In 1929, Roger Babson correctly predicted the Great Crash. This one right call ensured him a lifetime of financial success.

Even though his theory about why the crash happened was completely wrong, it didn't matter. People thought he was an oracle, and so they trusted him to handle their money.

Today on the show, we bring you a story from the great podcast The Memory Palace. It's the story of Roger Babson—a famous economic forecaster.

Music: Yuna's "Falling." Find us: Twitter/ Facebook/ Spotify/ Tumblr.