02
July 2026
Past Event
1776: American Independence and The Wealth of Nations

Event will air on this page.

 

Inquiries: tmagnuson@hudson.org.

1776: American Independence and The Wealth of Nations

Past Event
Online Only
July 02, 2026
Getty Images
Caption
A 300-foot-wide by 150-foot-tall American flag is suspended across the Hoover Dam on June 30, 2026. (Getty Images)
02
July 2026
Past Event

Event will air on this page.

 

Inquiries: tmagnuson@hudson.org.

Speakers:
coffey
Luke Coffey

Senior Fellow, Center on Europe and Eurasia

LF
Rt. Hon. Sir Liam Fox

Former British Secretary of State for International Trade

As the United States approaches its 250th anniversary, it is a good time to reflect on the enduring significance of the year 1776—not only as the year of the Declaration of Independence, but also as the year Adam Smith published The Wealth of Nations. Together, these two milestones helped shape the political and economic foundations of the modern world’s most productive economy.

But anniversaries should invite honest assessment as well as celebration. This speech will examine three warnings facing the United States today: unsustainable fiscal debt, a cultural drift away from contribution and toward self-definition, and weakening confidence in institutions. It will also consider what renewal requires: restoring fiscal discipline, making competence and contribution fashionable again, modernizing capitalism for the age of artificial intelligence, and rebuilding civic cohesion.

Join Hudson Institute as the former British defence secretary and international trade secretary, the Right Honourable Sir Liam Fox, delivers a keynote address on this important issue.

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