Will we recover, unbridle ourselves of debt, innovate, pay for our national security? Or, is China fated to become number one, leaving us to live in a Chinese world?

Has the American way of life--the vision of an increasingly prosperous future--become a dream of the past?

The following is excerpted and adapted from Mr. Brooks' upcoming book "The Road to Freedom: How to Win the Fight for Free Enterprise," to be released on May, 8 2012.Liberals often accuse conservatives of being obsessed by morality. But the truth is, many conservatives are reluctant to talk...

For some months now, President Obama has increasingly been couching his rhetoric in the language of fairness. But in recent weeks, a growing number of conservative elected officials have begun contesting Obama’s claim to be the arbiter of what constitutes fairness and taking the issue of fairness head on in public policy.

In recent months, electoral skirmishes and policy debates have hinged on the meaning of fairness. Defenders of free enterprise have often shied away from moral language, preferring to rely on facts, figures, or constitutional arguments to make their case. AEI president Arthur Brooks highlights free enterprise leaders who are changing, now making the moral case.

Moscow"s attachment to statist economic policy is undermining its bid for global energy dominance.

The idea that China is practicing a new form of capitalism, and may even be “doing capitalism better than America,” is reaching a fever pitch in policy and business circles.

This week, America lost the most influential social scientist of the past 100 years. James Q. Wilson died at the age of 80.