Ayn Rand Exposed as a Dangerous Fool in 1959 Interview with Mike Wallace.

Posted on Monday, 13th August 2012 @ 02:01 PM by Text Size A | A | A

Spread the love


No need to spend hours reading the 1,268 page pulp-fiction tome Atlas Shrugged to get to the bottom of this ideological goddess of the Republican Party in 2012.  Mike Wallace does the heavy lifting for us in a 1959, thirty minute interview.  Rand is exposed by her idiotic statements like “a free economy will not break down…all economic depressions are caused by government interference….in free competition, no one could corner the market on a needed product…”

  Any economist of the left or right knows that market economy depressions result from business cycles and business cycles are not spawned by or even contained by government policies, although they are influenced by them, e.g. monetary and fiscal policy.

Ayn Rand was a pseudo-intellectual and even Alan Greenspan said her ideas are contradictory.

Related News On HuffPo Club www.hpub.org:

  • The New National Anthem of the United States

    Spread the love
    Spread the love The US national anthem defends slavery in the fourth, all but forgotten stanza. http://hpub.org/Colin_Kaepernick_Is_Righter_Than_You_Know_The_National_Anthem_Is_a_Celebration_of_Slavery-53766/ The US national anthem is a disgrace that needs to be rewritten asap: Oh say can you see,…

  • Black FBI Informant Darth PerryTells All

    Spread the love
    Spread the love    Fascinating, must see old interview of black FBI informant “Darthard Perry” aka “Ed Riggs” on Like It Is, hosted by the late Gil Noble. “The FBI is very good at conspiracies…

  • Last Call to be the World Leader in Outer Space. by Daniel Bruno

    Spread the love
    Spread the loveLast Call to be World Leader First posted: 03/18/2010 at Huffpo “Where is that moon, that leads to your soul?” – Aromabar     Legend has it that Kaguya descended from a race…

  • Electoral Science: The Winner of the 2016 Election Will be a Republican

    Spread the love
    Spread the loveOriginally published at Washington’s Blog in April, 2016   by Daniel Bruno   Electoral Science: The Winner of the 2016 Election Will be a Republican I was the first person in the world…

Disqus Comments

Specify a Disqus shortname at Social Comments options page in admin panel

Facebook Comments

G+ Comments

Default Comments

  • Hpub asks

    • Sorry, there are no polls available at the moment.