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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Mike Williams On Track
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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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Revisiting Mike's chat with Chris Wright
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While Defenders of Capitalism are generally skeptical about President-elect Trump’s 2nd term cabinet nominations so far, we are excited about his choice for Energy Secretary: Chris Wright, CEO of Liberty Energy. Wright has a broad understanding of the need for cheap, safe, reliable energy and innovation, as well as the function that free markets pl…
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Bonus: Bringing Ayn Rand's "We the Living" Back to Life with Duncan Scott & Robert Begley
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This special episode is a conversation with Emmy-award winning filmmaker Duncan Scott and long-time objectivist & producer Robert Begley on Individualism vs Tyranny and the film our culture desperately needs to see. Duncan and Robert tell the astounding story of the recovery and restoration of the Italian film of Ayn Rand's "We the Living." The fil…
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Brad Polumbo on The Effect of Media on Young Ideologies
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In this episode, we wanted to bring in a unique lens on pro-liberty and capitalism in the media with journalist and economic analyst Brad Polumbo. Mike & Brad cover a lot of ground and explore how young people often identify with their understanding of a freedom ideology, but are frustrated and not wanting to associate with political parties. They …
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The Two Faces of Tim Walz
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Now that the Democratic National Convention is over, we thought it would only be appropriate to talk about Kamala Harris’ VP pick – Tim Walz, current Governor of Minnesota. After our episode about JD Vance, we thought there’s no way Harris was going to choose someone worse than Vance, for anyone who understands and supports capitalism, but she may …
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The Better Olympians of Our Nature
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In this episode, we dive into the Paris Olympic Games with a thought-provoking discussion, acknowledging all the wokeness, Nationalism and culture war BS, but focusing on the pursuit of excellence. We explore how the spirit of competition, innovation, and determination showcased in the Olympics parallels the principles of capitalism. Join us as we …
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If You Like Statism, You'll Love JD Vance!
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Mike and Mitch discuss Trump's recent VP pick and his anti-capitalist, anti-American Founders views, as well as what it means to be a classical liberal. Voters must again decide between power hungry collectivists and the lessor of evils. Meanwhile, here's what pro-freedom supporters must do....Door Defenders of Capitalism
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Is Elon Musk a Capitalist? with Drew Esquivel
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Drew Esquivel is the 2022 Defenders of Capitalism Runner Up and Vice President of First Bank in Greeley, CO. Mike interviews Drew on his experience with the Defenders of Capitalism Project as well as the question of if Elon Musk is truly a capitalist. Elon Musk is a successful entrepreneur and investor, but does he truly believe in the principles o…
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Wealth Without Wisdom: The Capitalist Paradox of Celebrities & Economics
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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.Door Defenders of Capitalism
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What do Ukraine & Israel have to do with Defending Capitalism?
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After the recent Iran attack on Israel, Mitch and Mike cover the deep connection between the current wars in Ukraine and Israel and the role of defending capitalism.Door Defenders of Capitalism
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Bernie Sanders' 32-Hour Workweek
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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.
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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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"10x Is Easier Than 2x" Book Review
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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 on School Choice and Javier Milei
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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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The Building Books of Capitalism
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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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Battle for Better Minds: Navigating the Intellectual Property Warzone
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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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CO Proposition HH with Jason Letman
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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 to the Rescue?
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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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Capitalism is for Grown-Ups
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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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Writers’ Strike, Who’s Right?
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It's been two months since the SAG-AFTRA strike started, and it doesn't look like there's an end in sight. In this episode, Mike and Mitch discuss why this strike is important for freedom of assembly and individual rights, but also an example of the difference between economic and governmental force.…
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Have Environmental, Social, & Governance (ESG) issues gone too far? Mitch and Mike dive into the slippery slope of ESGs and their influence on stakeholders, marketing, and property rights.Door Defenders of Capitalism
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Capitalism, Religion, and Self-Love with Mary Callan
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Mike interviews the 2023 LPR Defenders of Capitalism Winner, Mary Callan. They dive into Mary's experience in LPR/DoC, her PhD in Bio-Agricultural sciences, and being a capitalist as a former catholic nun.Door Defenders of Capitalism
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Energy, Liberty, & the Outdoor Industry with Chris Wright
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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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Mercy From the State Legislators?
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What are the CO State legislators thinking? Senate Bill 184 is trying to create "fair housing rules for renters," but it will likely do anything but that. Mike and Mitch review what this senate bill means to landlords, renters, and the Colorado housing market.Door Defenders of Capitalism
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Chat GPT: the Future of AI and Technology?
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In this episode, Mike and Mitch discuss the new artificial intelligence, Chat GPT. They cover what Chat GPT does and theorize on what it might look like in the future and if it will play a role in the job market and individual rights?Door Defenders of Capitalism
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Marxists in our Colorado Classrooms
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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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Election Integrity & Security
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Should we trust our elections? Mike and Mitch discuss the importance of election integrity, debate voting rules, and evaluate the Dominion Voting Systems/Fox News lawsuit.Door Defenders of Capitalism
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1040 Tax Blues - Tax Time for Young People
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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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Trump Indictment: Rule of Law or Perversion of Justice
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With the Trump Indictment being the biggest thing in the news circus, Mike and Mitch contemplate whether Trump's indictment is an issue on the rule of law or really a perversion of justice.Door Defenders of Capitalism
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Capitalism, Science, & Petroleum with Clay Doke
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Mike interviews the 2022 LPR Defenders of Capitalism Winner and petroleum engineer, Clay Doke. They discuss Clay's experience in LPR/DoC, growing up in rural Colorado, and the science, economics, and politics of energy extraction, and much more.Door Defenders of Capitalism
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The Absurd Fear of Globalization
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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.Door Defenders of Capitalism
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Does the US Food and Drug Administration really have one's individual health in its best interest? And does the FDA overstep its authority? Mike and Mitch discuss the role of the FDA and how it could be improved in a capitalist society.Door Defenders of Capitalism
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Gas Bags or Gas Stoves, you gotta choose…
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Banning gas stoves?? Say it ain't so! In this episode Mike and Mitch discuss the recent furor over comments from the federal government--should bureaucrats regulate how we cook food because of safety and pollution concerns?Door 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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Capitalism and Charity with Karen Hoida
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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.Door Defenders of Capitalism
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In this episode, Mike and Mitch discuss how they find good news sources in the sea of fake or biased news all around us. How do you find a trusted news source and know who are the experts?Door Defenders of Capitalism
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As the results of the midterm elections become finalized, Mike and Mitch review the implications of both the national election and local election results in Colorado. One thing they agree on is that the expected Red Wave in 2022 was more like a Red Ripple...Door Defenders of Capitalism
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Mike’s ”Economics” Interview on the Lee Elcie Show
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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.Door Defenders of Capitalism
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Adam Smith, Liz Truss, & European Liberalism with Eamonn Butler
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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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Defending the Declaration = Defending Capitalism with Tom Krannawitter
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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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The Tragedy of Airline Transportation
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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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Think Right or Wrong, Not Left or Right with Anders Ingemarson
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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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Why is unionization and membership on the rise? Are unions anti-capitalist and inherently bad for the economy? Mike and Mitch discuss the history and function of unions along with what that looks like for the future.Door Defenders of Capitalism
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A Historian’s Lesson for the Defenders of Capitalism with Eric Daniels
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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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Beginning of the Beginning of the End for Administrative Law?
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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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Inflation Nation with Erik Sandstrom
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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.Door Defenders of Capitalism
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Government Housing Horrors
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Housing is getting more expensive every day, pricing many people out of the market - and government policy is the main culprit. In this episode, Mike and Mitch discuss how laws and regulations needlessly increase the cost of housing, and what a real free market would look like.Door Defenders of Capitalism
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A Capitalist Foreign Policy with Elan Journo
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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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