Free Enterprise

Watch the episode here. I’m talking in this episode with the upbeat and visionary George Gilder, one of America’s leading economic and technological thinkers, and the author of the groundbreaking books, Wealth and Poverty, Knowledge and Power, The Scandal of Moneyand now:  Life after Capitalism: The Meaning of Wealth, the Future of the Economy, and the Time Theory of Money  Co-hosting with me is the equally upbeat and contrarian thinker John Tamny, founder of Parkview Institute, editor of RealClearMarkets and author of the recently published The Money Confusion: How Illiteracy About Currencies and Inflation Sets the Stage for a Crypto Revolution“ Life after Capitalism launches a new economic theory. A key theme of the book is that wealth is knowledge and that the difference Read More ›

Click here to watch the interview. For regular listeners, you know I like to take on complicated subjects, and try to make clear what’s at stake for all of us.   Thanks for reading The Bill Walton Show! Subscribe for free to receive new posts and support my work. Pledge your support In this episode the Bill Walton Show we take a another deep dive into one of the most complicated and contentious areas of economic policy:  International trade.  International trade negotiations are incredibly complex multilevel games—there are negotiations not just with America’s trading partners, but with Congress, domestic constituencies, and rival factions within the executive branch.  There are sharp – almost theological – differences in how trade policy ought Read More ›

Watch the episode on YouTube. A slew of financial crises that stretch all the way back to the banking Panic of 1907 have been exploited to justify erecting a financial regulatory system that has vastly centralized and expanded federal power over our money.  The irony is that these crises were largely caused, or at least exacerbated, by poorly designed government regulations.  What we have now is an unholy alliance of regulators, mega banks and entrenched special interests who are the chief beneficiaries our system of opaque and complex financial regulation. Adding to this mix is the progressive Left who are now using our financial system to push its DEI and climate change agendas.  Joining me on this episode to explore Read More ›

It was probably fifteen years ago that I was at lunch with Banknote Capital’s Jim Fitzgerald. We were finishing up when the conversation shifted to tax rates, at which point Fitzgerald dismissed the notion that lower rates stimulate more work. To be clear, Fitzgerald was not saying that he opposed lower tax rates. He was and is very much for them. But he was expressing his disdain for the theory that lower rates cause people to work more. In his case, Fitzgerald would work a great deal precisely because there was joy in it. Still, what he said at the time was jarring. It called into question so much that was accepted wisdom. Gradually it made lots of sense. Tax Read More ›