The Federalist
•48% Informative
FTX founder Sam Bankman-Fried was convicted of defrauding customers upwards of $8 billion .
Julian Zelizer : FTX 's customers lost their savings in the biggest fraud case, post-Covid.
Zelizer says FTX ’s fall proves how an education founded on practical utility but lacking timeless wisdom results in nothing but a terrifying fall.
The tale of Oedipus the King is most relevant to the fall, Zelizer writes.
As readers who stand within the tradition and worldview rejected by Bankman-Fried and his ilk, we should take the warning to heart.
We may fall in a similar way — perhaps not after stealing $8 billion in customer assets, but in doing something for which we think we could never get caught.
The biggest lesson? Bring back the classics, take advantage of any opportunity to read them with students.
VR Score
51
Informative language
54
Neutral language
17
Article tone
informal
Language
English
Language complexity
48
Offensive language
possibly offensive
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not hateful
Attention-grabbing headline
detected
Known propaganda techniques
detected
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medium-lived
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