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    <title>Capital Record</title>
    <description>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, financier David Bahnsen hosts interviews with the nation’s top business leaders, entrepreneurs, and financial commentators. Tune in to hear guests such as Larry Kudlow, Steve Forbes, and Art Laffer present a practical and moral vindication of America’s capitalist way of life.</description>
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    <pubDate>Tue, 19 May 2026 12:44:45 +0000</pubDate>
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    <itunes:summary>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, financier David Bahnsen hosts interviews with the nation’s top business leaders, entrepreneurs, and financial commentators. Tune in to hear guests such as Larry Kudlow, Steve Forbes, and Art Laffer present a practical and moral vindication of America’s capitalist way of life.</itunes:summary>
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      <title>Episode 300: 300 Episodes to Defend a Free &amp; Virtuous Society</title>
      <description><![CDATA[<p>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 <i>Capital Record</i>, reaffirms the themes that matter, identifies the enemies of human flourishing working to undermine freedom and opportunity, and offers up a manifesto of commitments for the years ahead.</p>
<p>Pre-roll:<br><a href="https://www.duke-energy.com/info/federal-policy" rel="noopener noreferrer">Duke Energy</a></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></description>
      <pubDate>Tue, 19 May 2026 12:44:45 +0000</pubDate>
      <author>studio@nationalreview.com (David L. Bahnsen)</author>
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      <content:encoded><![CDATA[<p>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 <i>Capital Record</i>, reaffirms the themes that matter, identifies the enemies of human flourishing working to undermine freedom and opportunity, and offers up a manifesto of commitments for the years ahead.</p>
<p>Pre-roll:<br><a href="https://www.duke-energy.com/info/federal-policy" rel="noopener noreferrer">Duke Energy</a></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></content:encoded>
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      <title>Episode 299: Ben Sasse Writes About Kids and Technology</title>
      <description><![CDATA[<p>Ben Sasse may not know exactly how much more time God has for him here on earth, but he sure is using whatever time he does have to spread truth and wisdom. On today’s <i>Capital Record</i> we look at Sasse’s recent op-ed in the <i>WSJ</i> and his contrarian approach to the AI tech revolution. In this transformative technological moment, Ben doesn’t see a need to “get with the algorithms” but rather an opportunity to “re-discover the virtues.” And he knows just where to go to find them.</p>
<p>Show notes:<br><a href="https://www.wsj.com/opinion/habits-for-humanity-in-the-age-of-ai-8d6aa2d9" rel="noopener noreferrer">Habits for Humanity in the Age of AI</a><br>
  </p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></description>
      <pubDate>Tue, 12 May 2026 12:41:42 +0000</pubDate>
      <author>studio@nationalreview.com (David L. Bahnsen)</author>
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      <content:encoded><![CDATA[<p>Ben Sasse may not know exactly how much more time God has for him here on earth, but he sure is using whatever time he does have to spread truth and wisdom. On today’s <i>Capital Record</i> we look at Sasse’s recent op-ed in the <i>WSJ</i> and his contrarian approach to the AI tech revolution. In this transformative technological moment, Ben doesn’t see a need to “get with the algorithms” but rather an opportunity to “re-discover the virtues.” And he knows just where to go to find them.</p>
<p>Show notes:<br><a href="https://www.wsj.com/opinion/habits-for-humanity-in-the-age-of-ai-8d6aa2d9" rel="noopener noreferrer">Habits for Humanity in the Age of AI</a><br>
  </p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></content:encoded>
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      <title>Episode 298: Asymmetric Advantages for Human Flourishing</title>
      <description><![CDATA[<p>David is joined this week by U.S. energy industry legend and pioneer, Charif Souki. Hear not only his incredible story as a leading force in the shale revolution but also get the lay of the land in one of the great stories of our time: U.S. energy dominance. All at once this episode will remind you of the role robust capital markets play in the cause of free enterprise and reiterate the most important business principles that matter. A truly special <i>Capital Record</i>!</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></description>
      <pubDate>Thu, 7 May 2026 10:30:00 +0000</pubDate>
      <author>studio@nationalreview.com (David L. Bahnsen, Charif Souki)</author>
      <link>https://www.nationalreview.com/podcasts/capital-record/</link>
      <content:encoded><![CDATA[<p>David is joined this week by U.S. energy industry legend and pioneer, Charif Souki. Hear not only his incredible story as a leading force in the shale revolution but also get the lay of the land in one of the great stories of our time: U.S. energy dominance. All at once this episode will remind you of the role robust capital markets play in the cause of free enterprise and reiterate the most important business principles that matter. A truly special <i>Capital Record</i>!</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></content:encoded>
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      <title>Episode 297: Two Bankruptcies for the Price of One?</title>
      <description><![CDATA[<p>American capital markets are celebrated on this podcast -- as they should be by anyone who values a free and virtuous society. Rule of law is a vital component to upholding the effect strong capital markets have on our economy. The DOJ blocking of a Jet Blue acquisition of Spirit Airlines did not avoid two bankruptcies -- it created one. And on today’s podcast, we prove it.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></description>
      <pubDate>Tue, 5 May 2026 12:41:00 +0000</pubDate>
      <author>studio@nationalreview.com (David L. Bahnsen)</author>
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      <content:encoded><![CDATA[<p>American capital markets are celebrated on this podcast -- as they should be by anyone who values a free and virtuous society. Rule of law is a vital component to upholding the effect strong capital markets have on our economy. The DOJ blocking of a Jet Blue acquisition of Spirit Airlines did not avoid two bankruptcies -- it created one. And on today’s podcast, we prove it.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></content:encoded>
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      <title>Episode 296: Spirit Airlines and Spirited Government Ineptness</title>
      <description><![CDATA[<p>If only there was a way to avoid taxpayers now bailing out a failed private enterprise whose pricing model cannot work in this economy? Well, there was -- it was a merger with a more capitalized and established brand name airline, only the same government about to spend your tax dollars on a failed private business with <i>no</i> national security connections whatsoever was the same one who blocked the private markets solution that would have been a winner for everyone. Now, instead of everyone winning, we literally get everyone losing -- and I mean everyone. But nobody is losing more than those arguing that increased government stewardship of the economy is a good idea. There is no bankruptcy deep enough for the intellectual rot of that position.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></description>
      <pubDate>Tue, 28 Apr 2026 12:30:31 +0000</pubDate>
      <author>studio@nationalreview.com (David L. Bahnsen)</author>
      <link>https://www.nationalreview.com/podcasts/capital-record/</link>
      <content:encoded><![CDATA[<p>If only there was a way to avoid taxpayers now bailing out a failed private enterprise whose pricing model cannot work in this economy? Well, there was -- it was a merger with a more capitalized and established brand name airline, only the same government about to spend your tax dollars on a failed private business with <i>no</i> national security connections whatsoever was the same one who blocked the private markets solution that would have been a winner for everyone. Now, instead of everyone winning, we literally get everyone losing -- and I mean everyone. But nobody is losing more than those arguing that increased government stewardship of the economy is a good idea. There is no bankruptcy deep enough for the intellectual rot of that position.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></content:encoded>
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      <title>Episode 295: Legal Reform as the Supply-Side Issue of Our Day</title>
      <description><![CDATA[<p>David concluded an 18-month research project and interviews with a dozen attorneys and judges with a lengthy piece on the the disaster of our current legal system. In today’s <i>Capital Record</i> he offers a dozen reform ideas that are desperately needed, and concludes with one that is more important than all of them put together. Hint: It doesn’t involve the judicial system.</p>
<p>Show Notes: David’s <i>National Review</i> article, "<a href="https://www.nationalreview.com/magazine/2026/06/the-next-supply-side-battle/" rel="noopener noreferrer">The Next Supply-Side Battle</a>"</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></description>
      <pubDate>Tue, 21 Apr 2026 12:44:34 +0000</pubDate>
      <author>studio@nationalreview.com (David L. Bahnsen)</author>
      <link>https://www.nationalreview.com/podcasts/capital-record/</link>
      <content:encoded><![CDATA[<p>David concluded an 18-month research project and interviews with a dozen attorneys and judges with a lengthy piece on the the disaster of our current legal system. In today’s <i>Capital Record</i> he offers a dozen reform ideas that are desperately needed, and concludes with one that is more important than all of them put together. Hint: It doesn’t involve the judicial system.</p>
<p>Show Notes: David’s <i>National Review</i> article, "<a href="https://www.nationalreview.com/magazine/2026/06/the-next-supply-side-battle/" rel="noopener noreferrer">The Next Supply-Side Battle</a>"</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></content:encoded>
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      <title>Episode 294: Viktor Orbán’s Loss Is a Gain for the Cause of Free Enterprise</title>
      <description><![CDATA[<p>The political world was abuzz Sunday night at the devastating defeat pro-Putin post-liberal, Viktor Orbán, suffered in Hungary’s national election. Some on the American right have mistakenly cozied up to Orbán, finding some compatibility with his occasional messages about social values. But alas, even beyond the confused moral messaging, what did Orbán in is what will do all “new right” illiberals in -- a disdain for the freedom and opportunity of a market economy.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></description>
      <pubDate>Tue, 14 Apr 2026 13:07:28 +0000</pubDate>
      <author>studio@nationalreview.com (David L. Bahnsen)</author>
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      <content:encoded><![CDATA[<p>The political world was abuzz Sunday night at the devastating defeat pro-Putin post-liberal, Viktor Orbán, suffered in Hungary’s national election. Some on the American right have mistakenly cozied up to Orbán, finding some compatibility with his occasional messages about social values. But alas, even beyond the confused moral messaging, what did Orbán in is what will do all “new right” illiberals in -- a disdain for the freedom and opportunity of a market economy.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></content:encoded>
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      <itunes:title>Episode 294: Viktor Orbán’s Loss Is a Gain for the Cause of Free Enterprise</itunes:title>
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      <title>Episode 293: Middle Class Resentment, David French, and a Free Market Economy</title>
      <description><![CDATA[<p>David French wrote a provocative piece in the <i>New York Times</i> recently asking the very legitimate question, “If people are doing better, why are they more resentful?” In today’s <i>Capital Record</i>, David Bahnsen looks at the macroeconomic picture, reviews the thesis of our crisis of responsibility, unpacks the difference between greed and envy, and suggests a culprit that is at least a good starting place for improving those who feel left out of the modern economy.</p>
<p>"<a href="https://www.nytimes.com/2026/03/26/opinion/economy-attitudes-republicans-democrats.html" rel="noopener noreferrer">How Can America Be So Miserable When It's So Rich?</a>"</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></description>
      <pubDate>Thu, 9 Apr 2026 10:30:00 +0000</pubDate>
      <author>studio@nationalreview.com (David L. Bahnsen)</author>
      <link>https://www.nationalreview.com/podcasts/capital-record/</link>
      <content:encoded><![CDATA[<p>David French wrote a provocative piece in the <i>New York Times</i> recently asking the very legitimate question, “If people are doing better, why are they more resentful?” In today’s <i>Capital Record</i>, David Bahnsen looks at the macroeconomic picture, reviews the thesis of our crisis of responsibility, unpacks the difference between greed and envy, and suggests a culprit that is at least a good starting place for improving those who feel left out of the modern economy.</p>
<p>"<a href="https://www.nytimes.com/2026/03/26/opinion/economy-attitudes-republicans-democrats.html" rel="noopener noreferrer">How Can America Be So Miserable When It's So Rich?</a>"</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></content:encoded>
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      <itunes:duration>00:20:49</itunes:duration>
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      <title>Episode 292: It Has to Be Real</title>
      <description><![CDATA[<p>What does it say about a con man and con woman that they got away using fake names and doing fake events to rip off people, charities, and investors for years? It says that they are con artists! Perhaps the bigger question, though, is what it says about their marks. In today’s <i>Capital Record </i>David looks at a depressing fact about too many affluent people that even makes something like this possible.</p>
<p>Show Notes:<br><a href="https://nymag.com/intelligencer/article/fake-rockefeller-fake-cartier-party-crashers.html" rel="noopener noreferrer">The Fake Cartier and the Fake Rockefeller</a></p>
<p> </p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></description>
      <pubDate>Thu, 2 Apr 2026 12:44:16 +0000</pubDate>
      <author>studio@nationalreview.com (David L. Bahnsen)</author>
      <link>https://www.nationalreview.com/podcasts/capital-record/</link>
      <content:encoded><![CDATA[<p>What does it say about a con man and con woman that they got away using fake names and doing fake events to rip off people, charities, and investors for years? It says that they are con artists! Perhaps the bigger question, though, is what it says about their marks. In today’s <i>Capital Record </i>David looks at a depressing fact about too many affluent people that even makes something like this possible.</p>
<p>Show Notes:<br><a href="https://nymag.com/intelligencer/article/fake-rockefeller-fake-cartier-party-crashers.html" rel="noopener noreferrer">The Fake Cartier and the Fake Rockefeller</a></p>
<p> </p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></content:encoded>
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      <title>Episode 291: Social Media and the Crisis of Responsibility</title>
      <description><![CDATA[<p>A jury ruled last week that social media companies are financially liable for a young woman's becoming “addicted” to social media use. In today’s <i>Capital Record</i>, David opines on the utterly ridiculous verdict and the horrific things it says about society, but also offers a social commentary on where companies do have a moral burden, outside the law, if we are to have a free and virtuous society. As is often the case, there is enough fusionism in David’s take to bother everyone.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></description>
      <pubDate>Tue, 31 Mar 2026 10:30:00 +0000</pubDate>
      <author>studio@nationalreview.com (David L. Bahnsen)</author>
      <link>https://www.nationalreview.com/podcasts/capital-record/</link>
      <content:encoded><![CDATA[<p>A jury ruled last week that social media companies are financially liable for a young woman's becoming “addicted” to social media use. In today’s <i>Capital Record</i>, David opines on the utterly ridiculous verdict and the horrific things it says about society, but also offers a social commentary on where companies do have a moral burden, outside the law, if we are to have a free and virtuous society. As is often the case, there is enough fusionism in David’s take to bother everyone.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>]]></content:encoded>
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