Sorman argues that while the recent world economic recession involved serious problems, it would be a grievous mistake to use the crisis as justification to abandon free market democratic capitalism.

He details research such as work by Edward Prescott of taxation on economic growth, by Jagdish Bhagwati on the benefits of international trade, by Milton Friedman and Robert Lucas on the effects of inflation, and by Avner Greif on the value of strong social institutions.

He writes about economic progress in the developing world, particularly the nations of India, China, and Brazil, which he credits to reforms such as opening borders to allow greater foreign direct investment.

[1]He writes that the response of U.S. and European governments to the financial crisis, by saving some banks and not others, created an aura of regulatory uncertainty that made things worse.

He describes a potential free market solution of simply shuffling severely affected banks through organized bankruptcies to write off toxic debts.