Sanae Takaichi is not just set to be the first female prime minister of Japan -- and someone whose childhood hero was the legendary Margaret Thatcher. She also launched her global claim to fame by saying she “wanted to abandon the idea of work-life balance” and planned to “have everyone work like a workhorse.” Well, this has generated some push back from people who are apparently happy with Japan’s 0 percent real GDP growth for over 30 years. In today’s episode, David analyzes why Takaichi is starting off as his favorite leader on the planet.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As New York City prepares to elect Mamdani as mayor and young people across college campuses tout the miseries of “capitalism,” is the financial crisis of 2008 to blame for a paradigm shift in public sentiment? In this episode, David unpacks the truth of the narrative that everything changed that year. 

Show notes:
The Rise of America’s Young Socialists—From the 2008 Financial Crisis to Mamdani

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The artificial intelligence moment is a perfect opportunity for free marketeers to defend market innovations and technological progress, but also a challenging moment to question the role of the state, the impact on society, and the errors in moving with speed but not wisdom.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A reading of the early National Conservatism movement manifesto indicated a belief in the tenets of free enterprise, albeit with qualifications that would prove to undermine that which they said they wanted to uphold. Fast forward a few years since the movement crystalized in the public square, and it is very clear that NatCon can no longer advocate for what they said they once did, that the reason for this is their very own concession, and that what they said they energetically opposed is actually what they gave birth to. A case study in being treated as useful idiots by the politicos a movement helped empower.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David looks at the danger that happens when we use hasty generalizations in our economic thinking. A company does something bad?  Companies are bad. A business deal goes bad? Business deals are bad. A trading partners does wrong? Trading partners are bad. The illogical movement from a particular to a universal is flawed thinking, but when it gets put into practice, it undermines optimal economic outcomes and ignores the most basic of economic principles.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today’s episode goes into David’s Dividend Cafe to look at the desire of the 9/11 terrorists to strike at our nation’s financial markets, and makes the case that a love of country means a love of capital markets.

https://bahnsen.co/47JU4Vn

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David delves into the reality of youth (sports) gone wild, whether or not market forces should restrain this phenomenon gone mad, and where rightly centered and ordered priorities might create the optimal virtuous outcome.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David is so tired of talking about the tariff debacle of 2025 that this week he brought on a special guest to do some of the talking for him. Joel Griffith of Advancing American Freedom joins David for a further rap session on all that is wrong with the current tariff regime, but the two of them take a special weapon to the imbecility of a “tariff rebate.” 

Show notes:
Rebates Can’t Clean Up the Tariff Mess

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David is joined by Richard Reinsch, the second guest to join Capital Record this year, for a discussion of the “new conservatives” and the “new right” movement toward populism. What you will hear in this discussion is that none of it seems very new at all.

Notes:
Reading the New Conservatives

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David got very excited when a recent Wall Street Journal article said that “work-life balance will keep you mediocre.” He wrote a whole book tearing down the very concept of “work-life balance.” But this article’s rationale might be just as flawed as that of those who use this deplorable phrase.

Show Notes:
'Work-Life Balance' Will Keep You Mediocre

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.