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Mike Williams’ CAPITAL IDEA podcast series explores the economic, historical, empirical, and moral case for laissez faire capitalism. CAPITAL IDEA is an intelligent, sometimes capricious, often irreverent discussion for honest people of all political persuasions who want to better understand the only moral economic system. Let’s face it, our day-to-day activity IS economics—they call it microeconomics but where’s the connection to the broader issues? CAPITAL IDEA is here to help you chew on ...
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On Our "Daily Motivation" CAll, We Are Building the Greatest Community of People Developing the Mindset to Win! Together we can CHANGE our perspective about how we SEE OURSELVES and what we CAN accomplish in the rapidly growing opportunity market. Monday - Friday Dial - (605) 475-4099 Enter Access Code - 809089# For Updates Text Motivation to 77948
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We see celebrities, athletes, and very successful entertainers in pop culture who seemingly benefit from capitalism and free markets but are advocates for socialism and other anti-capitalism ideas. Mike and Mitch dive into this paradox and how it impacts society.Kirjoittanut Defenders of Capitalism
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Bernie Sanders recently proposed a new bill, the "32-Hour Workweek Act". In this proposal, the act would include a reduction to a 32-hour workweek without a decrease in pay or benefits. Although this sounds appealing, Mike and Mitch discuss the possible implications and potential repercussions with a mandated 32-hour workweek. Instead, defenders of…
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Who Is Poisoning the Blood? Trump's rhetoric. You heard that right -- it's time to call out Trump's rhetoric on immigration in December 2023 (and prior). Capitalism and immigration go hand in hand, and Trump's inability to acknowledge the connection is poisoning politics more than ever before and furthermore letting down the people who follow him. …
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Capitalism is the system of the entrepreneur, and it is that growth mindset that fuels innovation, freedom, and true progress. In this episode, Mike covers the book 10x Is Easier Than 2x by Dan Sullivan (Founder of Strategic Coach) with organizational psychologist Dr. Benjamin Hardy. The book showcases the entrepreneurial mindset and why the idea o…
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Roger Pattison is the Chief Development Officer of ACE Scholarships and the 2023 Defenders of Capitalism Runner Up. ACE Scholarships provides children of lower-income families with scholarships to private schools in grades K-12, and to advocate for expanded school choice. Mike interviewed Roger on school choice, the impact of the covid lockdowns on…
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In this episode, Mitch and Mitch cover essential books that are the building blocks for a foundation of capitalism and formative to the liberty movement. Books mentioned: Adam Smith - Wealth of Nations Fredrick Bastiat - The Law Fredrick Bastiat - Economic Sophisms Murray Rothbart - Man, Economy, and State with Power and Market Milton Friedman - Ca…
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Most people like the benefits of creativity and innovation, but they don't see the reason to protect creators' and inventors' rights, which causes an intellectual property (IP) warzone. In this episode, Mike and Mitch review the arguments surrounding intellectual property and defend why intellectual property is a moral and economic right, deriving …
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After the devastating news of the Hamas terrorist attack on Israel, the world has its eyes on the middle east. From a capitalist' perspective, Israel has the right to defend itself and further than that, crush the Hamas terrorist organization. In this episode, Mike and Mitch dive deeper into that reasoning and the implications the Israel-Hamas war …
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Mike interviews Jason Letman on Colorado Proposition HH and its implications on Colorado's Taxpayer Bill of Rights (TABOR). Jason Letman is the President of Consultus Asset Valuation, and an expert in property tax consulting and real estate valuations. Proposition HH is on the ballot for the November 7, 2023 Colorado election.…
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Josh Hawley, the Republican Senator from Missouri, recently introduced the Capping Credit Card Interest Rates Act which would cap interest rates at 18%. People like this idea of capping credit card rates, but what would this act really mean for the economy, and how did we get here - where most Americans are in credit card debt?…
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Mike shows how capitalism is for grown-ups AND for playful kids of all ages, but no one in between. This means individuals, to truly achieve happiness, must learn to produce, to value trade, working hard, and making choices for their own life. It’s also about creativity and simple joys. The true meaning of capitalism and the human experience of thr…
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Mike interviews Chris Wright - the CEO and Chairman of Liberty Energy and fellow outdoor enthusiast. Chris has been integral in the oil industry for years but is more recently known for his viral video "Thank You, North Face." Mike and Chris dive into the story behind the hypocrisy of North Face and the outdoor industry, when it comes to the oil an…
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The mask is off when it comes to the Marxists in Colorado classrooms, and it isn't pretty.... but Mike thinks it's good news. Recently, the Colorado Education Association (CEA), the largest teachers' union in Colorado, adopted an explicitly anti-capitalism resolution, revealing their utter lack of understanding of capitalism and its principles.…
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Mike and Mitch discuss the tax code in all it’s complexity and compliance costs, aimed especially at young people having a better understanding of the American tax system and the social engineering that goes with it. Covering ground such as perverse incentives, moral hazards, progressive vs regressive tax structures, the numbness caused by employer…
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Fear of globalization has recently gained traction since the shutdowns associated with Covid-19 and doesn't seem to be going away. So, in this episode, Mike and Mitch uncover what globalization actually means and outline why globalization itself is pro-freedom and pro-capitalism.Kirjoittanut Defenders of Capitalism
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Mike and Mitch discuss the recent bankruptcy/fraud of Sam Bankman Fried and subsequent meltdown of the cryptocurrency markets. Is it a sign of a bankrupt culture with central banks keeping interest rates artificially low such that charlatans and swindlers, operating under the guise of effective altruism can so easily scam the public with cooperatio…
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Mike’s guest, 2015 Defenders of Capitalism Award Winner, Karen Hoida, is an executive with an international non-profit organization. They discuss the role of self-sufficiency, self-interest and purposeful action, along with the confusion many have about charity, giving and non-profit organizations.Kirjoittanut Defenders of Capitalism
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Lee Elci is an American radio talk show host, political commentator, print journalist, author, writer and producer of the Lee Elcie Show - The Voice of Freedom on 94.9 News Now in Connecticut. Lee interviewed Mike earlier this month to discuss economics and the importance of defending capitalism.Kirjoittanut Defenders of Capitalism
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Recorded in Oslo, Norway at the 2022 Mont Pelerin Society Conference, Mike caught up with well-known British Economist, Eamonn Butler. Eamonn Butler is the Co-founder & Director of the Adam Smith Institute, as well as a prolific author of many books including, his Foundations of a Free Society which won the 2014 Fisher Prize. In this podcast episod…
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Mike has a wide-ranging discussion with his colleague, Dr. Tom Krannawitter, including the fact that championing the Declaration of Independence IS championing Capitalism and why the enemies of both get it, while most so-called defenders of freedom don’t. A master teacher who brings history alive, Krannawitter reveals much about Lincoln, Robin Will…
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As Mike gets ready to go on a trip to Europe, he discusses with Mitch the faults and tragedy of regulation in the airline transportation industry. Looking at the history of regulation in the airline industry, it's easy to see there's an opportunity for advocacy of freedom and entrepreneurship, and it's what we need now more than ever.…
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A guide to citizenship, just in time for Midterm elections! Mike interviews author Anders Ingemarson on his newly revised book: Think Right or Wrong, Not Left or Right. They cover lots of ground including a framework for how to think about political parties and election issues, the principles involved and application to several specific issues.…
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Capitalism is about individual rights and individuals have a right to their guns but where is the line? Should Defenders of Capitalism defend the 2nd Amendment? Unconditionally? Mike and Mitch discuss the rational role for government in applying the 2nd Amendment to today’s world. Key concepts: property rights, when do “arms” become a threat or vio…
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Mike is joined by Eric Daniels, PhD, professor of history and Assistant Director at the Clemson Institute for the Study of Capitalism. They cover a wide range of topics including the history of capitalism and its being a result of the Enlightenment, education, the roots of progressivism, SCOTUS decisions, and especially the primary mistake made by …
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With the recent Supreme Court decision in West Virginia vs EPA, it looks like there is a small crack in the wall of "administrative law" that has been one of the keys to the growth of the Regulatory/Welfare State. Mike and Mitch discuss this decision and the underlying principles at stake including the famous Chevron and Auer deference. This is a s…
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Mike talks with Erik Sandstrom, economist, data scientist, and Assistant Director of the Defenders of Capitalism Project. They discuss what inflation is, why it has reached 40-year highs in 2022, who it affects the most, and what the possibilities are for getting it under control.Kirjoittanut Defenders of Capitalism
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Mike interviews Elan Journo, foreign policy expert, author of several books, & Senior Fellow at the Ayn Rand Institute. They discuss the Russian invasion of Ukraine, why America keeps making FP mistakes, what a principled foreign policy would look like, and appropriate use of military force as well as sanctions, diplomacy, etc.…
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Who are the everyday looters in the Capital? The government officials who use insider information to profit for themselves. Mitch and Mike list the reasons why the looters in our capital are severely damaging the system our founders created and hypocritical to capitalists and entrepreneurs, who actually provide more value and opportunity in the eco…
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Mike and Ayn Rand Institute Board Chairman Yaron Brook in a spirited discussion that bridges free-market economics with foreign policy--from trade with China, trade deficits, inflation, and national security to the untold story of global productivity and "who really gets capitalism." (Part 2 continues uninterrupted following the introduction in Epi…
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(After the introduction, Part 2 continues uninterrupted from Episode 3, Part 1) Mike and Ayn Rand Institute Board Chairman Yaron Brook tender essential questions and engaging observations in this deep-dive into validating capitalism. Why do people hate billionaires? Where are all the free-market economists hiding? The worrisome state of no true for…
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Mike and Mitch explore the critical need to have this conversation about capitalism; what comprises capitalism and how it compares to collectivism, socialism and other socioeconomic theories and ideas; capitalism vis-a-vis prosperity, health and better living; helpful definitions for moving forward include the moral perspective.…
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Mike introduces this powerful podcast series with an account about why every American should fundamentally understand capitalism; why capitalism is the only moral socioeconomic system ever created; who will benefit most from MIKE WILLIAMS' CAPITAL IDEA podcast series; a preliminary definition of capitalism; and Mike's credentials--why he is super-q…
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