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Saturday, November 05, 2011

 China’s ‘Birth Tourism’ Isn’t About the U.S. 
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[Hunan Daily Group’s Voices Online] published the editorial, “Don’t Force the Rich to Have a Baby in the U.S.,” which might suggest to some that Ayn Rand has a following in China (she doesn’t).

Sunday, October 16, 2011

• • Ayn Rand Fans See Freest Economy Turn Chinese 
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Capitalism  | The Ayn Rand set love Hong Kong for its financial philosophy of low taxes, keeping expenditures within the limits of revenues and giving markets room to roam.

 Romney, a Management Consultant to Believe In 
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Capitalism  |Syndicated  | Perry’s great claim is to have created a million jobs in Texas, 54,600 of them through a state program that gives subsidies to promising companies. Perry noted in the debate that 75 percent of these companies are not even campaign contributors. How does Perry reconcile this with his alleged deep belief in free markets -- he claims to be a disciple of Ayn Rand -- and how does he distinguish it from similar subsidies provided by the Obama administration, which he criticizes bitterly? Why does he think such a program can even work?

• • Occupy Wall Street Gets a Reaction 
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Ayn Rand Center  |Capitalism  |Yaron Brook  |Image  | Yaron Brook, president of Ayn Rand Center for Individual Rights: "They're hooking into a certain resentment that is legitimate on this crony capitalism that clearly exists. Instead of going to rally in Washington to stop the politicians from forcing this crony capitalism, they're going to the wrong people. These people don't have a clue."

Sunday, August 28, 2011

• • Wozniak on Steve Jobs's Resignation From Apple 
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Atlas Shrugged  |Video  | Relevant section begins at approx. 8:50.

Steve Wozniak: [Steve Jobs] had a lot of ideas. He must have read some books that really were his guide in life. I think Atlas Shrugged might have been one of them that he mentioned back then. They were his guide to life as to how you make a difference in the world.

Monday, July 25, 2011

• • Ailing US Economy Seeks Jobs Doc, Magic Rx 
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Atlas Shrugged  | I was relieved to see one respondent suggest that the single most important step the government should take to create jobs was “lose the illusion of government job creation.” There. He said it. Get out of the way, which is what Ayn Rand’s hero, John Galt, tells the desperate bureaucrats in “Atlas Shrugged” as they struggle to find someone with a plan to avert a national economic collapse.

Saturday, July 02, 2011

• • Munger Says Bankers’ ‘Megalomania, Insanity’ Fueled Bubble 
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Alan Greenspan  |Capitalism  |Syndicated  | [Alan] Greenspan, who was chairman from 1987 to early 2006, nurtured a devotion to free markets in part through his association with Ayn Rand, the novelist and philosopher who espoused laissez-faire capitalism. Greenspan told Congress a month after Lehman’s 2008 failure that a “once-in-a-century credit tsunami” had engulfed financial markets and conceded his free-market ideology shunning regulation was flawed. “Alan Greenspan is a smart man,” [Charles] Munger said. “He just totally overdosed on Ayn Rand at a young age.”

Thursday, June 02, 2011

 Tycoon Wotan Joins Fight for Gold in 17-Hour, $4.6 Million ‘Ring’: Preview 
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The Fountainhead  | Both [David] Gockley and [Francesca] Zambello point to the appeal of sprawling mythological tales for general audiences as well as for the fanatics. “People are drawn to these stories,” Zambello said. “This is not any different from ‘Star Wars’ or ‘Twilight’ or ‘Lord of the Rings’ or ‘The Fountainhead.’ All of those are inspired by Wagner.”

Friday, May 27, 2011

 Cowen Seeing Weak Growth Makes ‘Great Stagnation’ Hotly Debated Bestseller 
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In his posts, [Tyler] Cowen often serves as a kind of agony aunt for intellectuals. On May 9 a reader asked about the best books on American history and culture written by foreigners. Cowen suggested Vladimir Nabokov and Ayn Rand and linked to a two- year-old list of fiction in the Wall Street Journal.

Tuesday, May 10, 2011

• • • Schools Find Ayn Rand Can’t Be Shrugged as Donors Build Courses 
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Atlas Shrugged  |Capitalism  |John Allison  |Image  | John Allison, former chairman of bank holding company BB&T Corp., admires author Ayn Rand so much that he devised a strategy to spread her laissez-faire principles on U.S. campuses. Allison, working through the BB&T Charitable Foundation, gives schools grants of as much as $2 million if they agree to create a course on capitalism and make Rand’s masterwork, “Atlas Shrugged,” required reading.

Thursday, April 14, 2011

• • • Atlas’s Ayn Rand never in bed with Hollywood 
,
Atlas Shrugged movie  |Atlas Shrugged  |Capitalism  |Egoism  | How is it a novel so many readers describe as “life-changing” took 54 years and a gaggle of producers, writers and directors to bring to the screen? One answer is Ayn Rand herself, author of “Atlas Shrugged,” which was published in 1957. Earlier attempts to make a movie based on the book were foiled by Rand’s insistence on creative control. The second reason is the nature of the 1,168-page book. It’s about ideas. Rand’s characters are caricatures that reflect her ideas and ideals. Businessmen are good, government bureaucrats are bad. There is no middle ground. [....] “Atlas Shrugged, Part I,” takes place in 2016 and ends before we even meet Rand’s hero, John Galt, who is the first to quit and inspires others to join him in his effort to stop the world. (Readers should look for the mysterious man in the raincoat.) “Atlas” is unlikely to win the Palme d’Or at the Cannes film festival this year. I say this as both an admirer of Rand’s ideas and a devotee of the book.

Tuesday, March 08, 2011

• • • Greenspan grapples for stimulus with Ayn Rand 
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Alan Greenspan  |Atlas Shrugged movie  |Ayn Rand Archives  |Atlas Shrugged  |Capitalism  |Personal life  | Government squeezes out growth. That’s the underlying conclusion of an academic paper by former Federal Reserve Chairman Alan Greenspan. The article, which will appear this month in International Finance, a journal edited by my Council on Foreign Relations colleague Benn Steil, reviews a technical datum called corporate long-term fixed-asset investment. [....] Fortunately Greenspan’s message will soon be delivered in a more accessible medium, and another Greenspan-related production, to boot. That medium is “Atlas Shrugged: Part I,” a movie set for release in the U.S. April 15. The film adapts “Atlas Shrugged,” a steamy libertarian novel featuring the ultimate corporate long-term illiquid investment, railroads.

Wednesday, January 26, 2011

 Trader in Elvis jumpsuit, cowboy shoved futures beyond grain, eggs: Books 
,
One read Ayn Rand and lobbied to legalize drugs. Another wore a powder-blue suit and white belt. A third, an Elvis fan, built his own Graceland and hired the King’s costume maker to create a replica white jumpsuit. The clan included economists, cowboys and one gambler who bet on raindrops. For all their differences, though, these men had something in common: They belonged to Chicago’s commodity- trading club, as Emily Lambert explains in “The Futures,” a bouncy historical jaunt through the city’s trading pits.

Thursday, October 14, 2010

• • Real maverick confronts one word, plastics 
,
Atlas Shrugged  |Ron Johnson  | [Ron Johnson] can sound like an audio-books version of “Atlas Shrugged.” He recites jeremiads about government incursions into our lives, the decline of property rights and high taxation.

Monday, September 20, 2010

• • Mr. Obama, here’s my resume, where’s my job? 
,
Atlas Shrugged  |Capitalism  | What we know is that lower taxes on income and capital provide more of an incentive to take risks and start a new business. If […] that’s what the country needs to create jobs, then by all means the president and the Congress should do everything in their power to ensure taxes stay low. Instead, like the bureaucrats in Ayn Rand’s “Atlas Shrugged,” they keep promising to unveil yet another plan -- the John Galt plan, named after Rand’s hero -- to save the economy.

Thursday, July 15, 2010

 Adam Sender dresses up hedge fund rooms with Ruscha, Dan Flavin 
,
Atlas Shrugged  | [Art collector Adam] Sender’s [...] corner office, with unobstructed views of downtown Manhattan, has some of his favorite artworks, including “Absence,” Luc Tuyman’s muted 2001 painting of an empty chair. The office does present more usual hedge-fund fare. Copies of Alan Greenspan’s “Age of Turbulence” and Ayn Rand’s “Atlas Shrugged,” grace an end table. An antique ticker-tape machine stands on a plinth.

Sunday, April 11, 2010

 Jim Grant on Alan Greenspan 
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Capitalism  |Video  | (Jump to 3:48.)
[James Grant:] Greenspan came to Washington as the acolyte of Ayn Rand, the most radical and storied individualist of the 20th century, and he left — to quote the title of Fred Sheehan’s new book — a “panderer to power.” That’s the book on Greenspan.

Friday, March 19, 2010

 Tex-Mex heads to Turkey as credit thaw fuels restaurant growth 
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FOCUS Brands [....] is owned by Roark Capital Group, an Atlanta-based private equity company named for Ayn Rand’s protagonist in “The Fountainhead.”

Tuesday, February 23, 2010

 Lithgow, Ehle play twits in ‘Mr. and Mrs. Fitch’ 
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The matrimonial gamesmanship tries to outwit Wilde or Coward, failing by a very wide margin. The blind-item nicknames alone [...] suffice to exhaust us. Even more suffocating are the exhibitionist literary quotes or allusions from Shakespeare and Eliot to Ayn Rand and Jacqueline Susann.

Thursday, February 11, 2010

 Small business has some news for big government 
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Atlas Shrugged  | What would small business like the federal government to do? “Stay out of our way,” says Sherry Pymer, vice president of Pymer Plastering Inc., a 124-year-old family owned business in Columbus, Ohio. She sounded more like an Ayn Rand hero than a woman dealing with a payroll, unemployment insurance and Ohio’s commercial activity tax. “We don’t want them bailing out banks and big business. We want them to go away with their mandating and meddling and return this country to the principles it was founded on over 200 years ago.”