• • Ayn Rand’s dream is a nightmare
Allan Powell, Herald-Mail (Hagerstown, MD) Alan Greenspan |Capitalism |Egoism | The “Age of Greed” authored by Jeff Madrick, an economic columnist for The New York Times, might be considered by some as just another treatise on our latest economic collapse. This would not be a fair assessment of this fine book because it is a very personal account of the people who were contributors to our financial woes. Madrick gives one biographical account after another of those who led this frenetic, single-minded race for money and the thinking behind this unbridled lust for wealth. Many were admirers of Ayn Rand and her praise of disciplined self-interest and Milton Friedman and his worship of an unfettered marketplace. This makes exciting chatter at a Tea party but a source of real problems when held by the head of the Federal Reserve. Alan Greenspan was a personal friend and an admirer of both, as are the two Republican candidates for the White House.