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The Costa Concordia disaster of January 2012: Captain Francesco Schettino steered his enormous cruise ship too close to the Italian island of Giglio to perform a 'salute' for a retired captain onshore. 32 people died. Harford uses the story to explore how ego, performative displays, and organizational culture enable catastrophic risk-taking.
Canon
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The Costa Concordia disaster wasn't caused by one reckless captain. It was caused by an industry culture that rewarded sail-by salutes and punished captains who refused to do them.