2024:27 Sam Bankman Fried and Male Over-Confidence with Michael Lewis Image

2024:27 Sam Bankman Fried and Male Over-Confidence with Michael Lewis

2 April - 41 mins
Podcast Series The David McWilliams Podcast

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. We chatted to Michael Lewis recently, who spent over a year with SBF, immersing himself in the universe of crypto-bros, and recently published his book 'Going Infinite' which tracks back the entire story of the crypto-hack that is SBF. We discuss his limited emotional intelligence, male over-confidence, and the Dunning-Kreuger effect. With every new technology, there will be speculation, bubbles, and, most importantly, white-collar crime - SBF...

41 mins

Series Episodes

2024:40 The Opium Wars

2024:40 The Opium Wars

In this episode, we dive into the harrowing impact of the opioid epidemic in North America, recounting firsthand observations of addiction's toll in cities like Ottawa, Quebec, and Vancouver. How did a nation like Canada, with its extensive welfare and health systems, become engulfed in such a crisis? We explore the roots of the crisis, attributing it to the aggressive marketing and misinformation by pharmaceutical companies like Purdue Pharma, driven by unchecked greed and profit motives. Poverty and homelessness exacerbate addiction, creating a sobering reflection on the complex interplay of corporate malfeasance, regulatory failures, and social vulnerabilities that fuel this devastating epidemic. Is Ireland next in line for an opioid epidemic? Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

31 mins

16 May Finished

2024:39 Letter from America with Evan Solomon

2024:39 Letter from America with Evan Solomon

As we delve into America in this pivotal election year, grappling with its geopolitical challenges, culture wars, and internal conflicts, Evan Solomon makes a crucial point: discussing America as a monolith is a common mistake—it's simply too vast and diverse. In today's infotainment era, narratives are no longer neatly collected but instead compete and diverge. This week, we're exploring the connections between nativism in the 1850s, the ongoing religious and cultural struggles, and the current display of nativism within the Republican Party. Tad Homer Dixon's definition of culture as a set of instructions passed from one generation to the next resonates strongly here. Once, those in power dictated cultural norms, but today, the power to shape discourse and culture is distributed among everyone. This dynamic shift is palpable in America, where we've moved from a uniform cultural landscape to one defined by diverse narratives. We're witnessing this shift firsthand with the rise of Christian Nationalism, which is being imported from Russia and fusing with nativism. The question now is whether this represents a new force in the US or merely a passing trend. Let's watch closely to see where this leads. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

38 mins

14 May Finished

2024:38 Rich in Poor Houses

2024:38 Rich in Poor Houses

Why do wealthy people live in houses originally built for the less affluent? Despite vast improvements in living standards over the years — lower infant mortality rates, faster access to life-saving drugs, and increased life expectancy — today, even modest homes are un-affordable for many. Consequently, wealthy individuals find themselves competing for properties originally intended for lower-income families. This trend not only highlights the scarcity of suitable housing but also deepens social stratification, as the affluent outbid others, driving up prices and displacing those with fewer resources. Is there an easy fix? Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

30 mins

9 May Finished

2024:37 The Rwanda-isation of Ireland

2024:37 The Rwanda-isation of Ireland

 The Tories are seeking revenge for Brexit by exploiting immigration policy. Having been out-foxed, out-thought and out-gunned by Dublin on Brexit negotiations, they are extracting a price- that price is the framing of the new Irish election. By encouraging the relocation of asylum seekers to Ireland, the Tories are effectively using Ireland as a bargaining chip to pressure France into accepting a deal on immigration, all while avoiding responsibility for asylum seekers themselves. They are playing Ireland like a pawn against the EU, as revenge for their humiliation during Brexit negotiations. In this complex game of politics, the Tories could emerge as the agenda-setters for the next Irish election. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

31 mins

7 May Finished

2024:36 Cod & Chips: The Story of Irish/Italians

2024:36 Cod & Chips: The Story of Irish/Italians

Last week, the football team I play with went on a trip to Italian organised by one of our lads Camilio Borza a member of the Irish Italian tribe. In the the vibrant tapestry of Irish history, few immigrants have left their mark like the "Eye-talians" with their chippers which have fed generations of Irish people. This week, the podcast explores the captivating journey of Italian immigrants to Ireland, tracing the roots of one of the country's earliest and most successful immigrant communities. Hailing predominantly from three small villages in Lazio, Italy, these immigrants brought with them a rich cultural heritage that has profoundly shaped Irish society. Join us as we uncover the untold tales of resilience, incredible hard work, integration, and the enduring bond between Ireland and Italy. And...most importantly our brilliant researcher on the pod is Eliza Notaro, another Dublin Italian!! Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

38 mins

2 May Finished

2024:35 The Political Fallout of Housing

2024:35 The Political Fallout of Housing

This podcast delves into the intricate interplay of politics and housing, a phenomenon not unique to Ireland but deeply emblematic there. It examines how the control, or lack thereof, of housing can shape political fortunes. From Ireland to Britain, Canada to Australia, the "politics of housing" is a pivotal and global issue, particularly for younger generations. While Eastern European countries, with reasonable house prices, see happier young populations, Ireland faces a crisis where housing benefits foreign investors over its own citizens. The failure to understand this has left the current political class out of touch and in a precarious position, highlighting the need for a reform. So it may be time to grab your pitchfork! Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

30 mins

30 April Finished

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