David Bahnsen: the Philosophy of Money


Dialogues #76

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"A widget in a box to one person is a finished product to somebody else. And in the interconnectedness of our economy... there are so few merely routine, mundane functions. It can seem that way to people if they don't think through it. But when you think through it, you realize that you're playing a role in a process that is actually quite meaningful."

- David Bahnsen


David Bahnsen founded The Bahnsen Group and oversees the management of over $9 billion in client assets. He appears almost daily on CNBC, Fox Business, and other news channels discussing market trends, the consequences of tariffs, whether a company is underpriced or overpriced, etc.

That’s all truly impressive, but that isn’t primarily why I was so looking forward to talking with him.

David has a heart for educating people about economics in the best sense; more than just tactics and strategy, he wants people to understand the philosophy of money, the philosophy of the marketplace, why (particularly in-person) work is good and not something we should try to escape, and why Christian principles matter for flourishing.

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Before I knew who David was, I knew who his father, Greg Bahnsen, was. Greg Bahnsen was a well-known and very influential Christian philosopher, author of several books. I told David before we started recording that there were only a handful of influences on me in my early college days that set me on a course to get a PhD in philosophy at a major university: Cornelius Van Til (PhD, Princeton), who was Greg Bahnsen’s mentor, and Greg Bahnsen, who received his PhD at USC, focusing on epistemology and the philosophy of mind. My dad, who was also a protege of Van Til, was of course a major influence as well, so I have always felt a kinship with David over so many points in common. Because of his dad Greg and Van Til in particular, seeing examples of theologians who passed through the gauntlets of rigorous, university-level philosophy gave me hope that it was possible.

As you’ll see or hear in the episode, we covered many topics in a short timeframe. We talked about what percentage of wealth managers think about what they do philosophically, why Elon Musk thinks charity is a cuss word, the metaphysics of money, why it’s so obvious to prioritize truth over tribe, and more.

Let me know what you think of the episode in the comments.

Until next time.

Jared

P.S. Check out David Bahnsen's books, particularly


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