The Joy of Capitalism: An Evening with Michael Novak

Amid growing debates about the morality of free enterprise, Michael Novak of Ave Maria University spoke at AEI on Thursday evening to promote the virtues of democratic capitalism. Novak revealed how capitalism has served to alleviate poverty, promote economic growth and enable the conditions for a flourishing society. He also warned of the dangers of increasing trends toward statism and overregulation, which discourage small business creation.