David Bahnsen is one of America’s most successful financial advisors and also one of our most prominent economic thought leaders. The combination of deep intellectual knowledge and practical skin-in-the-game experience as a portfolio manager places him in an unusual category of thinkers, those who think about big ideas but also live with the consequences of their ideas. In this episode of Meeting of Minds we see Bahnsen at his best, going deep into the Bible and applying those deep insights to economics. Bahnsen’s newest book ( https://www.nofreeluncheconomics.com/) is accessible to neophytes, but still contains insights which those who are already well advanced in the knowledge of markets will welcome.
Timestamps:
0:00 – Intro
1:18 – Genesis 1 versus the labor theory of value
7:20 – Origins of Marxist and Keynesian economics
13:39 – Christianity and economic freedom
17:56 – Marx’s biggest mistake
21:53 – Utopian education
27:10 – Creational theology
32:48 – Sound money and credit
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