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The Next American Economy

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America's economy has long been a global success story, inspiring millions to seek the American dream. However, it now stands at a critical juncture, with many losing faith in the commitment to economic liberty. There is a growing call for increased government intervention through protectionism, industrial policy, stakeholder capitalism, and even quasi-socialist measures. This shift has gained traction among political and business leaders, leaving traditional market defenders struggling to respond effectively. Compounding the issue is a resurgent China, which seeks to challenge the United States' global standing. The future of the world's largest economy and the economic liberty central to America's identity hangs in the balance. Yet, the narrative of managed decline and creeping statism is not the only path forward. An alternative vision exists: a dynamic market economy rooted in entrepreneurship, competition, and trade openness, aligned with the Founding generation's vision of a Commercial Republic. This approach emphasizes freedom, commerce, and the common good, enabling America to assert its interests in a perilous world while upholding the principles of economic freedom.

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The Next American Economy, Samuel John Gregg

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2022
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(Hardcover)
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