John Allison on the Leadership Crisis and the Free Market Cure

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As a class, “capitalists” tend to get stereotyped in the starkest of terms. They are heroes to some and villains to others; the captains of industry or the robber barons of old. Rarely do we actually get to hear a successful capitalist explain what his work is about. As former Chairman and CEO of BB&T and current CEO and President of the Cato Institute, John Allison is both a capitalist and defender of capitalism par excellence. In his last book, Allison shed light on the financial crisis, and how phony “crony capitalism” broke the system in 2007-2008. His latest message may be even more important. In his newest book, The Leadership Crisis and the Free Market Cure, Allison combines equal parts moral philosophy, personal confession, and business advice. It is his goal to help others achieve their own version of Aristotle’s “Eudaimonia,” or the Good Life, through hard work. He will join Bob to explain how his 10 core values translate into business and personal success, and to lay out his continued vision for the Cato Institute’s success, measured as political impact rather than dollar profits.

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