In the past 20 years, free enterprise has transformed India. Between 1965 and 1975, per capita income in the country rose by just 0.3 percent annually. But from 2005 to 2013, that figure has more than doubled, from $740 to $1,570.
The President of the American Enterprise Institute discusses his new book, The Road to Freedom, and the message it holds for today.
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A Lesson in Hope from Dharavi
In the past 20 years, free enterprise has transformed India. Between 1965 and 1975, per capita income in the country rose by just 0.3 percent annually. But from 2005 to 2013, that figure has more than doubled, from $740 to $1,570.