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Who’s Next to Fail in the Post-COVID World? As much as I hate to invoke The Ayn Rand lest I give off the impression I’m some kind of Objectivist, which I am most certainly not, the engine of the world is coming to a halt. Money velocity has been falling for years. It is now […]
Atlas Is Shrugging
Atlas Is Shrugging “Government help to business is just as disastrous as government persecution… The only way a government can be of service to national prosperity is by keeping its hands off.” – Ayn Rand Congress has just approved an economically bloated $2.2 trillion spending relief bill, an amount more substantial than the GDP of all […]
Language: The Indispensable Fundamental Actuator of False Orthodoxy
Language: The Indispensable Fundamental Actuator of False Orthodoxy In Ayn Rand’s penultimate magnum opus, “The Fountainhead”, there was a minor antagonist by the name of Ellsworth Toohey whose raison d’etre was to undermine Rand’s ideal man and protagonist, Howard Roark. Although Toohey considered his parasitical power as having a major stifling effect on capitalistic society, […]
What Ayn Rand’s “Atlas Shrugged” Teaches Us About the Insufficiency of Good Intentions
What Ayn Rand’s “Atlas Shrugged” Teaches Us About the Insufficiency of Good Intentions The book is an extended lesson in what happens when we focus only on what we see. The search for the Great American Novel should have ended in 1957 when a Russian immigrant named Ayn Rand published Atlas Shrugged. Arresting in its breadth, […]
Forecast 2017: The Wheels Finally Come Off
Forecast 2017: The Wheels Finally Come Off “There is no other endeavor in which men and women of enormous intellectual power have shown total disregard for higher-order reasoning than monetary policy. […]
Anthem!
Anthem! Ash: You still don’t understand what you’re dealing with, do you? Perfect organism. Its structural perfection is matched only by its hostility. Lambert: You admire it. Ash: I admire its purity. A survivor … unclouded by conscience, remorse, or delusions of morality. Parker: Look, I am … I’ve heard enough of this, and I’m […]
How I Became a Libertarian and an Austrian Economist
HOW I BECAME A LIBERTARIAN AND AN AUSTRIAN ECONOMIST I suppose I can date my interest in both libertarianism and Austrian Economics from the day I was born. The doctor grabbed me by my little feet, turned me upside down and spanked my tiny bottom. I began to cry out. That is when I realized […]
Capitalism Has Devolved Into Looting
Capitalism Has Devolved Into Looting In the Western World Capitalism Has Devolved Into Looting …when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that […]
Gold & Economic Freedom | Zero Hedge
Gold & Economic Freedom | Zero Hedge. …by Alan Greenspan Published in Ayn Rand’s “Objectivist” newsletter in 1966, and reprinted in her book, Capitalism: The Unknown Ideal, in 1967. An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense — perhaps more clearly and subtly […]