That's how I view free market economics. The benefits of having strong market institutions (e.g. low taxes, private property rights, contract freedom) in fostering economic development and reducing poverty [1] is one of the most empirically validated theories in economics, and yet we have a bevy of social scientists continually advocating for policies, like forced income redistribution in the form of ever expanding welfare programs [2], that undermine it.
>I keep hearing Ayn Rand mentioned these days.
I keep hearing Ayn Rand mentioned in personal attacks against me these days.
>I associate Rand with white supremacists and debunked myths
That's not a constructive comment. Yes you disagree with advocates of the free market. Expressing how vehemently you disagree with them isn't going to help anyone understand each other better.
[1] https://www.theatlantic.com/magazine/archive/2010/07/the-pol...
Fountainhead and especially Atlas Shrugged are engaging works of science fiction. I recommend everyone read at least one. And then keep in mind this quote [1]:
“There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs."
[0] http://nymag.com/daily/intelligencer/2014/07/7-ways-paul-rya... [1] http://www.goodreads.com/quotes/366635-there-are-two-novels-...
Objectivism shares many things in common with small subset of Right leaning Libertarian Philosophy Anarcho-Capitalism, but not all Libertarians are AnCaps despite what they (anCaps) claim
I keep hearing Ayn Rand mentioned these days. Reading those long tedious books can give you fodder for some interesting thought experiments, but beyond that I find the ideas not just damaging, but childishly simplistic. When I hear that some bigshot tech mogul is a follower of Rand I feel that they are about to make excuses for their appalling behavior by making appeal to some kind of authority. I associate Rand with white supremacists and debunked myths