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Broken Record with Rick Rubin, Malcolm Gladwell, Bruce Headlam and Justin Richmond

Lights, Camera, Tax Break from Cautionary Tales

Broken Record with Rick Rubin, Malcolm Gladwell, Bruce Headlam and Justin Richmond

Pushkin Industries

Music, Society & Culture

4.54.2K Ratings

🗓️ 28 February 2025

⏱️ 39 minutes

🧾️ Download transcript

Summary

When Ernest Borgnine gets his big break in Hollywood, he can hardly believe his luck. But soon he discovers his supposed star vehicle, Marty, is not the dream gig he thought it was.

In this episode of Cautionary Tales, recorded live at the Bristol Festival of Economics, Tim Harford examines what happens when the murky world of tax avoidance collides with the glitz and glamour of Hollywood.

For a full list of sources, see the show notes at timharford.com.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Pushkin.

0:10.8

You might have noticed that things are a little different on cautionary tales this year.

0:15.7

In 2024, we brought you a new episode every fortnight.

0:21.6

But this year, we are doubling our output.

0:24.6

New stories of heart-thumping peril, mind-blowing mistakes, and jaw-dropping scandal will now be delivered straight to your ears every week.

0:35.6

Here's one for you right now.

0:48.4

This episode, which combines Oscar ceremony Stardust with the far less glamorous world of taxation,

0:53.6

was recorded in front of a live audience at the Bristol Festival of Economics. Ernest Borgnine was getting tired of playing heavies.

1:21.2

Nearing 40, thickening around the middle and thinning on top, the actor was running out

1:27.3

of time to become a Hollywood leading man.

1:31.4

Ernest had joined the US Navy right out of high school, but on leaving in 1945 had struggled to

1:39.0

find work amidst the mass of men returning home from war. He'd pack a lunch and stand outside factories in his

1:46.2

hometown just in case they were hiring. They weren't. But life on the production line didn't

1:52.5

much appeal anyway. After navigating the high seas, to Ernest, the factories of Connecticut

1:59.4

looked like jails. It was Ernest's the factories of Connecticut looked like jails.

2:02.4

It was Ernest's mother, Italian-born Anna Bonigno,

2:07.5

who suggested he enter show business.

2:10.9

It didn't seem an obvious career choice to Ernest.

2:14.6

Why should he become an actor of all things?

2:18.2

You always like to make a damn fool of yourself, making people laugh.

2:23.1

Why don't you give it a try?

2:25.9

So try he did.

...

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