Mises Daily
Author:
Theodore Phalan
Online Publish Date:
parallels between Rand’s fiction and today’s facts show us that the results of the policies and attitudes that helped create the recent economic catastrophe were then be dealt with by more forceful and ad hoc interventions. And just because a policy is created to achieve such ends as “social welfare” or a “public good” does to tolerate wasteful duplication of services and the destructive, dog-eat-dog competition of newcomers,” [12] he is making the same argument we hear from