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.
5:23
You Have to Earn It, Baby!
A simple refresher on the difference between capital formation and capital allocation, and why entrepreneurs bemoaning the challenges of having capital allocated to them get it all wrong.
Today’s short Capital Record is a simple refresher on the difference between capital formation and capital allocation, and why entrepreneurs bemoaning the challenges of having capital allocated to them get it all wrong.



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