Why Sam Bankman-Fried Sounded so Much Like a Rand Villain - Foundation for Economic Education

Why Sam Bankman-Fried Sounded so Much Like a Rand Villain - Foundation for Economic Education

• Sam Bankman-Fried, unlike James Taggart, is not an idiot. He knew his altruism was phony.
  

...One thing that hasn’t gotten enough attention, however, is SBF’s philosophy of “effective altruism,” a social movement that rejects self-interest and instead focuses on “how to benefit others as much as possible.”

...Legacy media swooned over SBF’s apparent selflessness. 

Story after story after story gushed over the crypto altruist who wanted to give his wealth away—even as he lived in a $40 million penthouse....