Singapore is one of the great development success stories of our times, having risen from poverty to prosperity in just a couple of generations. It achieved such progress by embracing high levels of economic freedom. But its political system is authoritarian and it limits civil liberties. How sustainable is the so‐called Singapore model? Today, it is coming under scrutiny in Singapore itself, with defenders of the status quo on one side and advocates of progressive social democracy on the other. In his new book, Liberalism Unveiled: Forging a New Third Way in Singapore, coauthor Bryan Cheang advocates a classical liberal alternative that embraces freedom in all its dimensions. He is joined here by professor Razeen Sally of the Lee Kuan Yew School of Public Policy at the National University of Singapore to discuss a policy agenda for Singapore and the prospects for classical liberal policies in Asia.