The images that came out of France over the weekend created a real test of how one views the world—whether the violent riots and looting are the by-product of economic desperation and hopelessness, or the by-product of a crisis of responsibility run amok. In the rather revelatory moment of chaos and barbarism, one worldview is exposed for the reductio ad absurdum it is, and the opportunity presents itself to offer the vision for a free and virtuous society, even to a country like France.

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Those who hate the financial sector and demonize the activity of capital markets will never understand that beneath it all is the story of the human spirit. Dealing with the aspirations embedded in financial markets has to be avoided, because it gets in the way of their narrative of grievance and victimhood. On today’s Capital Record, David has a highly personal story to tell that gets to the essence of all of this.

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The United States federal government currently has an aggressive agenda, and it has now added to its portfolio… training workers in technology, energy, and defense. Several universities are creating the materials, and the government is organizing the national training program known as the Foundry School. Is this the retraining and investment in work-and-business dynamism we have been waiting for, or is it another government overreach where inexperienced bureaucrats are way out of their lane, feeling good about saying the right things? A balanced and nuanced discussion in today’s Capital Record.

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