Nobel economist Paul Krugman slams Elon Musk and Sam Bankman-Fried, and says we're living in an era of 'petulant oligarchs'

Dec 20 2022 by Business Insider

 

Getty Images

Nobel laureate Paul Krugman slammed Elon Musk and Sam Bankman-Fried as "oligarchs" in an op-ed. Musk's massive fortune keeps his fans loyal even as his business dealings falter.  "The big fortunes made in information technology turned this narrative into a full-blown cult," he said.

Paul Krugman ripped into prominent tech leaders like Elon Musk and Sam Bankman-Fried, once lauded as revolutionaries, though according to the Nobel economist are in fact living demonstrations that we...

Continue Reading Nobel economist Paul Krugman slams Elon Musk and Sam Bankman-Fried, and says we're living in an era of 'petulant oligarchs'