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While “hard times” can intensify popular suspicions about the practices and values of corporate America, skepticism toward the market economy is not a new phenomenon. The public has often expressed – to varying degrees – queasiness and uncertainty regarding the profit motive. But, at the same time, the unparalleled productivity of the capitalist system has been a boon to all of us.
In The 5 Big Lies about American Business, Michael Medved offers a timely and forceful defense of America's economic system. He tackles the smears and deceptions that underlie the public's bitter, resentful attitude toward capitalism and confirms that our unique corporate system has always benefited and will continue to energize our economy and this great country.
MICHAEL MEDVED is the host of one of the most popular talk-radio programs in the country, reaching more than four million listeners in over 200 markets every week. He is the bestselling author of ten other books, including The 10 Big Lies about America, Right Turns, Hollywood vs. America, and What Really Happened to the Class of ’65? A member of USA Today’s Board of Contributors, he also writes a weekly column for Townhall.com. For more than a decade he served as co-host of Sneak Previews, PBS’s weekly movie-review show. Medved graduated from Yale with departmental honors in American history and attended Yale Law School as well.
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James L. Gattuso
Senior Research Fellow in Regulatory Policy