Episode 67: The philosophical and social movement called effective altruism has received lots of attention over the past month after the collapse of the user-friendly crypto exchange FTX.

The founder of the failed company is Sam Bankman-Fried. He seems likely to face civil and/or criminal penalties for what appears to be at best mismanagement and at worst blatant corruption that caused the sudden failure of the exchange, along with the disappearance of billions of dollars.

But other than running FTX, Bankman-Fried was an evangelist for effective altruism, and many wonder whether his well-documented business failure puts the principals of this movement at risk, and whether the principles of the movement a benefit to society.

Links to stories discussed during the podcast:

Effective altruism offers promise, pitfalls, by Richard Kyte

The reluctant prophet of effective altruism, by Gideon Lewis-Kraus, The New Yorker

How Sam Bankman-Fried's fall exposes the failures of effective altruism, by Zeeshan Aleem, MSNBC

About the hosts: Scott Rada is social media manager with Lee Enterprises, and Richard Kyte is the director of the D.B. Reinhart Institute for Ethics in Leadership at Viterbo University in La Crosse, Wis.

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