Financial Times Review of Launchpad Republic
“A solid account of the way the Founding Fathers consciously shaped the young republic’s laws for the needs of business…a succinct defense of American capitalism.”
The book argues that the US has developed a uniquely effective form of capitalism thanks to a dynamic balance between economic freedom and selective regulation, which encourages competition and the emergence of new companies and technologies without losing sight of the consumer interest.
The rules provide enough space for upstarts to set up and for big corporations to conquer global markets. Regulations safeguard legitimate business interests — such as intellectual property — without over-protecting incumbents, say the authors. And all this is only possible because of America’s vibrant — if sometimes “messy and difficult” — democracy.