Question 30842 • IL-Economics
Answer:
The author’s position as president of the American Enterprise Institute and his books about free enterprise suggest that he is knowledgeable about the topic, which makes the source more credible. However, because his organization supports free enterprise, he may be biased toward emphasizing its benefits and minimizing its drawbacks. I would also examine an academic study or government economic report, as well as a source from a critic of free enterprise, to compare evidence about its effects on businesses, workers, consumers, and the economy.