Rand’s ideas are what heavily contributed to our current problems. Strap a gifted individual of morality, religion, altruism and you end up with a egocentric animal. Thanks a great post!
anon,
you missed the Rand message. it is governments interference with man that causes this. fannie and freddie were the genesis of the housing bubble…
Todd, I read some of her works and familiar with that message. But, I am of opinion, that the lack of oversight over shadow money, is at fault since fanny and freddy all ended up being financed by shadow debt in the markets.
But from what she actually says here in parts 2-4, she is advocating a man stripped of balancing mechanism in what he does.
3 replies on “Tuesday’s Links: Friedman and Rand”
Rand’s ideas are what heavily contributed to our current problems. Strap a gifted individual of morality, religion, altruism and you end up with a egocentric animal. Thanks a great post!
anon,
you missed the Rand message. it is governments interference with man that causes this. fannie and freddie were the genesis of the housing bubble…
Todd,
I read some of her works and familiar with that message. But, I am of opinion, that the lack of oversight over shadow money, is at fault since fanny and freddy all ended up being financed by shadow debt in the markets.
But from what she actually says here in parts 2-4, she is advocating a man stripped of balancing mechanism in what he does.
Denis