In recent years, increased federal regulation and America’s complex relations with nations around the globe have created uncertainty and disarray in U.S. economic policy. Increased government interference in business following the financial crisis, the emergence of China as a dominant economic rival, fiscal instability in the Eurozone—all have roiled the markets and confounded policymakers. For now, modest growth at home has helped the country avoid another serious economic calamity. America’s economic future is, however, clouded.

On October 7 Manhattan Institute legal policy director James R. Copland discussed with Mr. Hank Greenberg the federal government’s rapidly increasing role in the private sector, the impact of China as a global economic force, and more, in an attempt to bring some clarity to the subject of America’s prospects for future growth. Mr. Greenberg is the former chairman and CEO of American International Group (AIG). In more than 40 years at AIG, he grew it into the largest insurance and financial services company in the world. A pioneer of the global economy, Mr. Greenberg helped open the markets of Romania, Hungary, and China to the world. In his present role as chairman and CEO of C.V. Starr, Mr. Greenberg remains an advocate for limited government intervention in financial markets. Mr. Greenberg is a trustee of the Manhattan Institute, a past deputy chairman and director of the Federal Reserve Bank of New York, a past director of the New York Stock Exchange, honorary vice chairman of the Council on Foreign Relations, and a noted philanthropist.

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