What are America’s greatest economic assets? Certainly our democratic capitalist system — democracy, rule of law, property rights, the price system — would be at the top of that list. But then what? Lots of candidates, from our vast natural resources to our world-leading university system to our ability to attract the very best of global talent. And, of course, the existence of some assets affects others. Our largest technology companies are the economy’s crown jewels, but they wouldn’t exist if not for some of the above factors, among others (immigration + universities + property rights + California weather).
