Capital Record

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 Record, 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.

Pre-roll:
Duke Energy

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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 Capital Record we look at Sasse’s recent op-ed in the WSJ 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.

Show notes:
Habits for Humanity in the Age of AI

 

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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 Capital Record!

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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.

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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 no 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.

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