Overview

One of America's greatest success stories is its economy. For over a century, it has been the envy of the world. The opportunity it generates has inspired millions of people to want to become American. Today, however, America's economy is at a crossroads. Many have lost confidence in the country's commitment to economic liberty. Across the political spectrum, many want the government to play an even greater role in the economy via protectionism, industrial policy, stakeholder capitalism, or even quasi-socialist policies. Numerous American political and business leaders are embracing these ideas, and traditional defenders of markets have struggled to respond to these challenges in fresh ways. Then there is a resurgent China bent on eclipsing the United States's place in the world. At stake is not only the future of the world's biggest economy, but the economic liberty that remains central to America's identity as a nation. But managed decline and creeping statism do not have to be America's only choices, let alone its destiny. For this audiobook insists that there is an alternative. And that is a vibrant market economy grounded on entrepreneurship, competition, and trade openness, but embedded in what America's founding generation envisaged as the United States's future: a dynamic Commercial Republic that takes freedom, commerce, and the common good of all Americans seriously, and allows America as a sovereign-nation to pursue and defend its interests in a dangerous world without compromising its belief in the power of economic freedom.

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"Gregg creatively distinguishes between the forces of state capitalism and the free market economy...[and] shows us...that America must do much more than follow sound economics. -- ""John B. Taylor, professor of economics at Stanford University"" Read this powerful argument from Samuel Gregg as to why faith in the American Experiment in liberty under law requires us to reject economic nationalist trends toward protectionism, the use of industrial policy, and other interventions in the pursuit of transient and populist agendas. Markets grounded in a commercial republic are what America needs. Gregg shows why. -- ""Vernon L. Smith, Nobel Laureate in economics and professor at Chapman University"" We're long overdue for a morally compelling defense of the market economy--one that avoids the errors of utilitarian dogma and the absolutizing of individual autonomy. In the great and neglected tradition of Adam Smith, Samuel Gregg has given us a philosophical treatment of economic questions that places moral and political concerns front and center while bringing to bear empirical knowledge and sophisticated technical expertise. -- ""Robert P. George, McCormick professor of jurisprudence at Princeton University"""

Gregg creatively distinguishes between the forces of state capitalism and the free market economy...[and] shows us...that America must do much more than follow sound economics. -- John B. Taylor, professor of economics at Stanford University Read this powerful argument from Samuel Gregg as to why faith in the American Experiment in liberty under law requires us to reject economic nationalist trends toward protectionism, the use of industrial policy, and other interventions in the pursuit of transient and populist agendas. Markets grounded in a commercial republic are what America needs. Gregg shows why. -- Vernon L. Smith, Nobel Laureate in economics and professor at Chapman University We're long overdue for a morally compelling defense of the market economy--one that avoids the errors of utilitarian dogma and the absolutizing of individual autonomy. In the great and neglected tradition of Adam Smith, Samuel Gregg has given us a philosophical treatment of economic questions that places moral and political concerns front and center while bringing to bear empirical knowledge and sophisticated technical expertise. -- Robert P. George, McCormick professor of jurisprudence at Princeton University

Author Information

Samuel Gregg is the author of more than a dozen books, including For God and Profit. His writing has appeared in the Wall Street Journal, Investors Business Daily, the Washington Times, Chicago Sun-Times, New York Post, and many more. He has appeared on Fox News, Fox Business Channel, the Wall Street Journal Opinion Report, BBC, ABC TV, and EWTN.

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