Philosophy

Defending Capitalism: Ayn Rand vs. Hayek

Defending Capitalism: Ayn Rand vs. Hayek

Ayn Rand publicly recommended the works of Mises but not of Hayek. Today, when Hayek is much better known than Mises, it's worth seeing why. I came to the full realization of what's wrong with Hayek's approach while re-reading Atlas Shrugged. No,...

Philosopher Ayn Rand on Capitalism vs Communism

In this 1961 lecture, delivered to the Presidents Club of the American Management Association, Ayn Rand outlines commonly heard arguments for capitalism and emphasizes that the only proper defense is a...

Video: The Sanction of the Victims

“It is a moral crime to give money to support your own destroyers. Yet that is what businessmen are doing with such reckless irresponsibility.” — Ayn Rand

Bernie Madoff: Lessons From an Ayn Rand Villain

Bernie Madoff: Lessons From an Ayn Rand Villain

Madoff was what Ayn Rand would call a second-hander: someone who tries to gain values by pleasing and manipulating others rather than thinking for himself based on observation of facts and supporting himself through productive work.

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