David L. Bahnsen is the managing partner of a wealth-management firm and a frequent writer and public commentator on matters of economics, faith and work, and markets.
David Bahnsen’s Capital Record
David L. Bahnsen, National Review Institute senior fellow and founder of The Bahnsen Group, provides a guide to understanding how free markets, sound money, and limited government create lasting prosperity.
32:27
The Oren Cass Case for Central Planning Does Not Indict Wall Street for Anything
The New York Times published a somewhat odd screed from Oren Cass, bemoaning ‘financialization’ and suggesting that Wall Street has duped everyone.
The New York Times published a long, redundant, somewhat odd screed from Oren Cass this weekend, bemoaning “financialization” and suggesting that Wall Street has duped everyone, from their investors to their own clients, about what they really do. The wide net of the attack manages to capture exactly no one, and exposes what the anti-market, pro-statism new right fail to grasp about markets. David takes on the piece point by point, and the rebuttal is worth a listen.
Show notes:
Comments
On “The Oren Cass Case for Central Planning Does Not Indict Wall Street for Anything”