Monday, March 18, 2013
• Fiscal policy and political stability: The danger of profligacy
Paul Ryan |
[....] I, having spent most of my professional life around Ayn Rand-loving deficit hawks like [Paul] Ryan, imagine that Mr Ryan really is imagining a full-on Zimbabwean monetary calamity, as fantastic as that may seem.
Wednesday, December 12, 2012
• • Heritage DeMinted
A protracted struggle this year and last over control of the Cato Institute's board of directors resolved with the "retirement" of Ed Crane, who had presided over Cato since its earliest days, and his replacement as president by John Allison, an incredibly wealthy former bank executive with a commitment to the philosophy of Ayn Rand.
Wednesday, August 15, 2012
Sunday, April 17, 2011
Tuesday, October 19, 2010
• Rand Paul and religion
[Rand] Paul is a fan of Ayn Rand, a noted atheist.
Tuesday, September 21, 2010
• Breathtaking and transformative
Were I to pinpoint the causes of rising inequality, I would cite skill-biased technical change and evolution in the nature of executive compensation. And then, if you wanted to know why public opinion has not so far supported policy to offset the distributional effects of these changes, I would cite the ideological influence of “free-market” figures such as Ayn Rand and Milton Friedman. I don’t believe the influence of these thinkers is ultimately due to moneyed interests, so my argument comes down to the claim that the left has lost ground in the battle of ideas. It is not surprising that the left finds this hard to accept; to do so would be to admit failure.
Friday, September 17, 2010
Monday, August 30, 2010
• • Scenes from the rally
Atlas Shrugged |Capitalism |
I walked down to the Mall on Saturday to listen to Glenn Beck and Sarah Palin address the thousands of supporters who gathered around the Lincoln Memorial in the muggy summer heat. [....] Robert McCartney of the Washington Post has a good write-up of some of the “exaggerated thinking” that he encountered at the rally, and while my experience was vaguely similar, the people I talked to were more tethered to reality. [....] [One] man came over and provided a Randian analysis of the economic environment, referencing “Atlas Shrugged” and claiming that producers would stop producing if taxes continued to rise. I pointed out that Barack Obama had, to this point, actually lowered taxes for most workers, but this did not faze him. I then asked how the deficit, a priority for both men, could be lowered without higher taxes. One man offered that supply-side policies would lead to greater government revenue, while the other wanted to lower spending. What spending? Earmarks.