Levitt asserts that the United States economy has not exhausted its capacity for growth and is still largely undeveloped. Public policies hastily designed to deal with short-term economic circumstances have harmed the economy in the long term. Levitt believes that a deep change is occurring and that a pro-enterprise revolution is gathering momentum. He talks about stagnation, small business as a source of growth, taxes and regulations, and the rediscovery of business as a worldwide phenomenon. Levitt is hopeful that real deregulation of the economy is underway.