David Bahnsen | 02-14-26

Steve Moore hosts financial expert David Bahnsen to discuss the moral and practical superiority of free-market capitalism over socialist ideologies. Bahnsen argues that economics is fundamentally defined by scarcity and tradeoffs, rejecting the "free lunch" delusions of central planners who promise abundance through state intervention. The conversation transitions from these philosophical foundations to current market trends, where Bahnsen identifies a rotation in investor capital away from overvalued tech stocks and toward essential sectors like energy.