EPISODE 56: Deconstructing the Federal Reserve with George Selgin and Norbert Michel

If the Fed brought home a report card reflecting its performance since its creation in 1914, its parents would not be pleased. Its record for stability is among the worst in the developed world, and it has done little to fix the problems it was invented to address. Moreover, the Federal Reserve is far from the only way to assure stability in banking. As George Selgin of the Cato Institute and Norbert Michel of the Heritage Foundation persuasive argue on the Bill Walton Show, it may not even be the best way. More provocative views on the Fed from George and Norbert: How the Fed contributed to, then botched its response to, the 2008 recession. Forget the idea that it was only about “greedy bankers.” If you want to learn what really happened, their explanation is lucid. Why an “independent” Fed has never been a reality and probably should not be the goal. We need our money to be politically accountable, but how to do this is a thorny issue. If America could print all the money we needed, we would never have financial problems, right? That’s Modern Economic Theory in a nutshell, and George and Norbert explain why this very seductive idea is such a dangerous one. George and Nobert explain “quantitative easing” to me and how it’s painted the Fed into a corner. I sort of get it. See what you think, here on the Bill Walton Show.




Episode 277: “NATO Taunts Russia” with Stephen Bryen and Brandon Weichert

This episode examines the three explosive national security crises the United States and world are embroiled in today, any one of which could escalate into igniting a World War III.

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Episode 276: Is Technology a Force for Good or Evil?

For the last 200 years, innovation and technology have produced dramatic increases in living standards and our quality of life. 

Yet today there is a widespread and growing belief that technology has become the root of all evils with all sorts of claims being made that it destroys privacy, spreads misinformation, undermines trust, and democracy, eliminates jobs, discriminates by race, and gender, increases inequality, rips off the consumer, harms children, and even threatens the human race.

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Episode 275: We won the Cold War and lost the peace : A Tour de Force with Erik Prince and Stephen Bryen

Ronald Reagan collapsed the Soviet Union, liberated the captive nations of Central Europe and restored “Europe Whole and Free.”  But what happened after that haunts the Free World to this day.

Former Navy U.S. Seal and founder of the private military company Blackwater Erik Prince declares “We are fighting wars the wrong way.”

Stephen Bryen, known as the “Yoda” of the Arms Trade, is a former Deputy Undersecretary of Defense and founder of the Defense Technology Security Administration.

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Episode 274: “Behind the Curtain: Unveiling the Arabella Network’s Vast Influence on U.S. Politics”

In this episode of The Bill Walton Show, Bill wades into the murky waters of the Left’s “dark money” manipulation of American politics with Scott Walter and Kristen Eastlick with the Capital Research Center. 

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Episode 273: Investing in a Polarized America: Federalism and Entrepreneurship with Jim Pinkerton

In this lively episode of the Bill Walton Show, Bill talks with Jim Pinkerton in a thought-provoking discussion about investing in the turbulent waters of today’s toxic political climate. With a focus on the stark Red-Blue divide in America, Jim offers a contrarian view that it’s fertile ground for what he terms “directional investing.” 

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