Constitutional Capitalism and Common Defense disassembles the basic elements of American political economy and grand strategy and reassembles them into a practical and viable alternative policy making paradigm for the 21st century. Constitutional Capitalism consists of the Production Possibilities Frontier of the United States being checked by the constitutionally authorized interventions into economic activity and balanced by the maximization of U.S. independence and sovereignty. Common Defense consists of maximizing the independence, sovereignty, security, and survival of the United States, by recognizing the anarchy inherent in the international system, then acting in accordance with the constitution, structural realism, and Washington's Farewell Address.