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Capital Record

National Review
Tariffs
Capital Markets
Artificial Intelligence
Economic Policy
Capitalism
Free Markets
American Economy
Free Enterprise
Trump Administration
United States
Private Equity
China
Free Trade
Housing Market
Protectionism
Philanthropy
Supply-Side Economics
Economics
U.S. Economy
Donald Trump

American prosperity was built on a foundation of free markets and free people. But, with inflation on the rise and a struggling market, many in America’s political class are attempting to recycle failed socialist ideas and calling for government intervention in nearly every aspect of American life. In this National Review Capital Matters podcast, presented by the National Review Institute, financi... more

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Latest Episodes

Yes, Bernie Sanders, who has always admitted to being a socialist, has called for the government to take equity stakes in American AI companies. And yes, it is a terrible idea. But today on the Capital Record, David does what too few on the right app... more

Treasury Secretary, Scott Bessent, gave a memorable speech at the Reagan Foundation Economic Forum last week.  In it, he reiterated the completely true economic principle of permanence – that when policies are properly codified they assure economic a... more

Sen. Elizabeth Warren’s recent tirade against private equity is a libelous set of dishonest manure that should be treated as seriously as any attempt to broadly demonize private equity these days, which is not at all.  Whether the Senator’s problem i... more

We started this podcast over five years ago, committed to a free and virtuous society, and now with 300 episodes under our belt, the commitment is deeper and more robust than ever. In this very special episode, David revisits the genesis of Capital R... more

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Recent Guests

Ben Sasse
Former Senator and author of the WSJ op-ed discussed in the episode
Former Senator; author
Episode: Episode 299: Ben Sasse Writes About Kids and Technology
Charif Souki
Chairman of Ajax Holdings, founder of Chenier Energy, pivotal figure in U.S. LNG expansion
Ajax Holdings, Chenier Energy
Episode: Episode 298: Asymmetric Advantages for Human Flourishing
Tim Estes
AI entrepreneur and policy thinker
Angel Q / AI entrepreneur
Episode: Episode 287: What the Right Is Getting Wrong About AI
Renè Aninao
Longtime guest on Capital Record, geopolitical and macroeconomic analyst
Episode: Episode 286: Market Discipline: A Tour Around the Globe with Renè Aninao
René Ananow
Special guest with insights on Venezuela, China, and Russia
Corbu
Episode: Episode 279: Solving the Right Problem the Wrong Way Does Not Solve the Problem
Joel Griffith
Senior Fellow at Advancing American Freedom, former Heritage Foundation member
Advancing American Freedom
Episode: Episode 254: Making a Bad Idea Tariffable
Richard Reinsch
Writer and commentator, reviewed economic arguments in 'Reading the New Conservatives'
Law and Liberty
Episode: Episode 253: What’s New Is Old: Unpacking New Right Populist Economic Arguments
Dr. Lacy Hunt
PhD economist with 40 years of experience in monetary economics and interest rates.
Episode: Episode 247: A Sober View of the Economy
Dr. Michael Pakaluk
Professor of Political Economy at the Catholic University of America
Catholic University of America
Episode: Episode 219: Be Good Bankers

Host

David Bahnsen
Host of Capital Record; prominent commentator on markets, policy, and faith-informed economics.

Reviews

4.8 out of 5 stars from 548 ratings
  • Ep 284

    Well then…. I haven’t heard quite that much passion on the CR before. Although much was over my head I learned a bunch!

    Viva la CR

    Apple Podcasts
    5
    WoW!!!!!!!!!!!!!!!
    United States4 months ago
  • The state is responsible for civic organization decline

    Ep. 282 is terrific! The state—not free markets is responsible for alienation and isolation. Civic and social organizations are stronger with a purpose. A larger welfare state crowds out the purpose of charity and for community engagement.

    Apple Podcasts
    5
    Tenacious PJ
    United States5 months ago
  • Common Grace

    One of my favorite economic podcasters talking about one of my other favorites. David Bahnsen and Scott Galloway should join forces.

    Apple Podcasts
    5
    Better than "Cats".
    United States6 months ago
  • A Trusted Voice

    All this turns out to be just a year long complaint about tariffs, quite sad.

    Apple Podcasts
    1
    DMHarrington
    United States6 months ago
  • Hayek Broadband

    They should play this at the beginning of every lecture in every economics, regulatory, law, marketing, finance, basket-weaving, gender studies class on every college campus, in all of the US ad infinitum. Unfortunately, we are raising generations of children who a) remain children well into adulthood, and b) think the fix for every perceived injustice is government regulation and more laws. What a blessing to have your voice in the midst of this insanity.

    Apple Podcasts
    5
    takane124
    United Statesa year ago

Listeners Say

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Listeners view the host as a sharp, well-informed commentator who makes complex topics accessible.
Guests and topics are praised for depth and relevance to markets and policy.
Audience appreciates the principled stance and practical economic reasoning behind critiques of regulation and cronyism.

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Talking Points

Recent interactions between the hosts and their guests.

Episode 298: Asymmetric Advantages for Human Flourishing
Q: And what year did Chenier go public?
Souki notes Chenier went public quickly in 1996, starting as an exploration company in the Gulf of Mexico before expanding into LNG.
Episode 287: What the Right Is Getting Wrong About AI
Q: How should we think about regulation and incentives in a way that doesn't choke innovation while protecting users?
Tim argues for smart, consistent regulation with a duty of loyalty for AI providers, balanced with incentives and safety nets rather than broad bans. He advocates federal standards paired with state-level action, liability structures, and practical safeguards (like age verification and content controls) that align with conservative principles of free markets, human dignity, and national security.
Episode 287: What the Right Is Getting Wrong About AI
Q: What do you mean by AI versus what we now think of as AI, given the different generations and breakthroughs you described?
Tim explains the progression from simple document processing and entity recognition to deep learning, Transformer architectures, and generative models that predict the next token, enabling coherent language, planning, and large-scale reasoning. He emphasizes that current AI is built on decades of work and represents a qualitative shift in capabilities.
Episode 287: What the Right Is Getting Wrong About AI
Q: So Tim, why are you the guest to talk about this subject, what is your background and what got you animated around this subject?
Tim outlines a 25–26 year history in AI, including post-9/11 security applications, corporate uses in finance and healthcare, and a long-term focus on applying AI to combat child exploitation. He emphasizes the arc from early NLP to deep learning, and how societal and policy questions around AI have become central as technology has grown more capable and pervasive.
Episode 173: Getting Based with Work
Q: Do you think the conference, do you think the subject, do you think you're the passion you feel for it is largely driven by a message you'd like to see the church get on with, you want an antidote to laziness, is it a kind of personal character issue or do you think there's something more broadly economic at play?
It's a mix of wanting to drive home a message to the church about work and the dignity found in it, while also acknowledging broader economic challenges.

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Frequently Asked Questions About Capital Record

What is Capital Record about and what kind of topics does it cover?

This program focuses on free-market economics, capitalism, and the defense of limited government, often weaving in faith-based perspectives. Episodes routinely examine policy debates, cronyism, and the societal value of work and entrepreneurship, featuring interviews with business leaders, economists, and policy commentators. A recurring strength is connecting economic theory to real-world implications for markets, regulation, and national prosperity, with thoughtful critiques of government intervention and a clear fusionist stance. Potential listeners who want principled, market-centric commentary on current events, finance, and public policy will likely find it compelling and thought-provoking.

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Which podcasts are similar to Capital Record?

These podcasts share a similar audience with Capital Record:

1. The Dividend Cafe
2. National Review's Radio Free California Podcast
3. The Editors
4. The Charles C. W. Cooke Podcast
5. The McCarthy Report

How many episodes of Capital Record are there?

Capital Record launched 5 years ago and published 35 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact Capital Record?

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What guests have appeared on Capital Record?

Recent guests on Capital Record include:

1. Ben Sasse
2. Charif Souki
3. Tim Estes
4. Renè Aninao
5. René Ananow
6. Joel Griffith
7. Richard Reinsch
8. Dr. Lacy Hunt

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