Summary: On today's Planet Money, we hit the streets of Manhattan with economist Tim Harford. In his new book, Adapt, Harford argues that success always starts with failure. Harford takes us on a failure tour of New York. Highlights include a Gutenberg Bible (turns out the Bible business wasn't so good to Gutenberg) and the Woolworth Building (Woolworth's had some great innovations in its day, but eventually got beat by big-box stores). And perhaps inevitably, we wind up on Wall Street.
