Against the Rules with Michael Lewis
Michael Lewis on Freakonomics Radio
Feb 19, 2024
Bestselling author and journalist Michael Lewis, known for 'Moneyball' and 'Liar's Poker', dives into his latest book 'Going Infinite', exploring the tumultuous rise and fall of crypto tycoon Sam Bankman-Fried. He shares insights from his firsthand access to Bankman-Fried, addressing criticisms of his portrayal and the unexpected drama of witnessing his book turned courtroom saga. The conversation touches on ethical dilemmas in wealth pursuit, the ties to effective altruism, and the chaotic dynamics of the FTX collapse.
01:00:59
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Quick takeaways
- Michael Lewis provides deep insights into Sam Bankman-Fried's unorthodox decision-making methods.
- Controversy surrounds Michael Lewis' book 'Going Infinite' for allegedly going easy on Bankman-Fried's fraudulent activities.
Deep dives
The Rise and Fall of Sam Bankman-Freed
The podcast episode delves into the story of Sam Bankman-Freed, the cryptocurrency tycoon who experienced a rapid rise and a subsequent fall. The episode explores Michael Lewis' book, 'Going Infinite,' which delves into Bankman-Freed's journey from being a cryptocurrency billionaire to facing fraud and conspiracy charges. The book and podcast discuss the controversy surrounding Lewis' portrayal of Bankman-Freed, with some arguing that Lewis went easy on him. The episode also touches on Bankman-Freed's approach to effective altruism, his lack of empathy, and the limitations of the legal system in dealing with complex financial cases.
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