Randian Villains with Millennial Characteristics: FTX, Fraud, and the Fed

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop look at conman Sam Bankman-Fried, the scam of FTX, and how regime legitimacy has fueled several fraudulent companies with unprofitable business practices.

Did post-2008 monetary policy fuel a bubble in “effective altruism?” Do examples like Elon Musk’s restructuring of Twitter offer an illustration of what Big Tech firms will have to do to survive in a time of less-than-easy money, or will the regime bailout out the corporate extensions of techno-managerialism? What killed Silicon Valley’s once-promising techno-libertarian style? Ryan and Tho look at this and more on this episode of Radio Rothbard.

Looking for Christmas gifts? Use promo code ROTHPOD for a 20% discount on select books featured on Radio Rothbard. Or, use code MURRAYCHRISTMAS for a special 10% discount on select new Mises apparel: Mises.org/RR_109_Store

Recommended Reading

“How Easy Money Fueled the FTX Crypto Collapse” by Ryan McMaken: Mises.org/RR_109_A

“Sound Money Is Our Best Hope Against the Monopolists’ Threat” by Brendan Brown: Mises.org/RR_109_B

“How Fiat Money Enriches the Unproductive” by George Ford Smith: Mises.org/RR_109_C

“Without Easy Money, the Tech Sector Faces Layoffs and Losses” by Ryan McMaken: Mises.org/RR_109_D

“The Housing Boom Is Already Over. The Housing Shortage Will Continue.” by Ryan McMaken: Mises.org/RR_109_E

“Will the FTX Scandal Bring Down ‘Crypto’?” by Jeff Deist and Bob Murphy (video): Mises.org/RR_109_F

Be sure to follow Radio Rothbard at Mises.org/RadioRothbard.