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Ayn Rand Institute in Time Magazine

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DavidV

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Yaron Brook is quoted in this Time Magazine article: http://www.time.com/time/politics/article/...1842879,00.html

It's a good start for the new ARC, but I think they need to go into more details and really scope out what happened and write some sort of position paper on the problems and how to resolve them. Something that they can present to Congress and other government officials, effectively telling them to back off and rediscover freedom, which they are supposed to be protecting.

Kudos to the ARC!

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Brooke is quoted as follow:

Brook does not believe a Democratic administration — or a Democratic Treasury secretary — could have moved as aggressively to intervene in private markets as has Hank Paulson, a former Goldman Sachs partner. "Because Paulson knows more about financial markets and is a Republican," Brook said, 'he's doing more than a Democratic would have."
I would guess the same way. I think people like Paulson and Greenspan have this aura of being pro-market. So, when they propose socialism, there are very few protests. In general, when the GOP proposes socialism, many in the ranks sing the party line, with a small group of real free-marketers protesting, and the Dems can simply cheer the GOP on with shouts that "it isn't enough!"
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Brooke is quoted as follow: I would guess the same way. I think people like Paulson and Greenspan have this aura of being pro-market. So, when they propose socialism, there are very few protests....

Neither major political party recognizes it as as Socialism though of course. They might think it's a pragmatic compromise... which it is in truth... but (unbeknownst to them) it's still unjustified.

I like the article given the circumstances. Hey, _Time_ didn't spend much time bashing AR; nor did they snidely try to undercut Brook.

Actual reporting. Imagine that!

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