Dr. Samuel Gregg returned to the Anchoring Truths Podcast for a discussion of his new book, The Next American Economy: Nation, State, and Markets in an Uncertain World (Encounter). Gregg carefully addresses New Right criticism of the conventional wisdom on economics that pervaded conservative intellectual circles in recent decades. Gregg offers a defense of America as a commercial republic, though one in need of a substantive argument rooted in morals to defend trade and growth. He also discusses how China’s unique challenge requires a rethinking of the conventional wisdom in a healthy way.

Gregg is the Distinguished Fellow in Political Economy at the American Institute for Economic Research, and Contributing Editor at Law & Liberty. The author of 16 books—including the prize-winning The Commercial Society (Rowman &Littlefield), Wilhelm Röpke’s Political Economy (Edward Elgar), Becoming Europe (Encounter), and the prize-winning Reason, Faith, and the Struggle for Western Civilization (Regnery). He writes regularly on political economy, finance, American conservatism, Western civilization, and natural law theory. He is an Affiliate Scholar at the Acton Institute and a Visiting Scholar in the B. Kenneth Simon Center for American Studies at the Heritage Foundation. He can be followed on Twitter @drsamuelgregg.