Four consecutive election cycles have confirmed both the opportunity for conservatives to build a durable governing majority and the impossibility of accomplishing this without a clear economic vision and a serious policy agenda. The dog-eared 1980s playbook of tax cuts, free trade, and more tax cuts is being cast aside, but the result is often an empty shelf. American Compass is the think tank developing a conservative economic agenda to supplant a blind faith in free markets with a focus on the interests of workers, their families and communities, and the nation. With New Direction, we present an overview of the conservative economic principles that should guide policymakers and a robust set of proposals for translating those principles into action.