Wednesday, September 19, 2007

Ayn Rand makes a Comeback! (Greenspan's a fan!)

So whatdyaknow. Market turmoil has also led one of the leading newspapers in the US to assign a reporter who would seek opinions from prominent financial stalwarts on what they thought about the Mother of Objectivism. Confused? Dont be.

Mother of Objectivism = Ayn Rand
Leading newspaper = NY Times

NYT had an article this week about how Ayn Rand's famous "Atlas Shrugged" is making a huge comeback on the best book seller list, a good 50 years or so after it was written. For those who have not read "Atlas Shrugged", it essentially bases a story about a railroad but the main theme being conveyed to the readers is the virtues of Capitalism (and objectivism) in the modern world.

Apparently Alan Greenspan is a huge follower of Any Rand. In fact he personally knew her when he was young. He met her when he was 25 and living in NYC. Loved the book and even proofread the first few versions.

The article also mentions that other stalwarts in the financial sector were big fans of the book. Most of them read it when the socio-political atmosphere in the US was not too supportive of Capitalism.

I read "Atlas Shrugged" when I was 21 and did not think too much about it. Although, I have to say Ayn Rand's other two publications "The FountainHead" and "We the Living" did affect a lot of my fundamental thought processes.

I thought that was an interesting thing to write about.

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