CAPITALISM IN AMERICA

Authors Alan Greenspan and Adrian Wooldridge present a compelling tale about the forces that have driven the U.S. economy since the nation’s founding, involving vast landscapes, titanic figures, triumphant breakthroughs, and enlightened ideals, but also serious failings. Among the issues addressed: the role of slavery, laissez-faire, the impact of the New Deal, stagflation, and global trade. Along the way, the authors celebrate the country’s tolerance for "creative destruction"—the ceaseless churn of the old giving way to new people and ideas-and consider whether the U.S. can maintain its global preeminence.