The Way I Heard It with Mike Rowe

431: David Bahnsen—Poor Smart and Desperate

15 snips
Apr 8, 2025
David Bahnsen, founder and chief investment officer of The Bahnsen Group, discusses the essential role of work in life beyond just financial gain, diving into how capitalism intertwines with Christian values. He critiques universal basic income as dehumanizing and promotes meaningful work over mere leisure. The conversation also reveals insights on economic mobility, creativity in the workplace, and the importance of self-motivation. Bahnsen’s personal journey highlights the balance of initiative and desperation in shaping fulfilling career paths.
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INSIGHT

Work Ethic Decline

  • Work ethic is declining, possibly due to increased prosperity and longevity.
  • People may be victims of their own success, devaluing what enabled their comfortable lives.
INSIGHT

2008 Financial Crisis Impact

  • The 2008 financial crisis was a turning point, shifting societal views on work and wealth.
  • It intensified anxieties about wealth inequality and contributed to declining labor participation.
ADVICE

Work as an End

  • View work as an end in itself, not just a means to an end.
  • Find meaning in your current work, regardless of your job title.
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