Overview
They're misreading both the current level of prosperity in American and how it was created. Americans have been growing richer since the end of the 19th century and now enjoy levels of abundance and opportunity unimaginable just 150 years ago. More recently, American incomes have not stagnated, lower-income Americans have done much better, and the middle class has been growing robustly. The American economy is not perfect, but moving further away from free markets and implementing industrial policy, as these politicians want to do, will make Americans worse off. More government intervention and restrictions on economic freedoms will kill the American Dream, not save it. In Crushing Capitalism, Norbert Michel makes the case for maintaining perspective on how well Americans have done during the last few decades, and nurturing the institutions that have enabled Americans to succeed.
This book title, Crushing Capitalism (How the Stagnation Narrative is Threatening the American Dream), ISBN: 9781964524481, by Norbert J. Michel, published by Cato Institute (March 1, 2025) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.
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