The rise of the tea party and the 2010 election results revealed that tens of millions of Americans are alarmed by big government but skeptical that anything can or will be done to stop the growth of the state. In Free Market Revolution, Yaron Brook and Don Watkins argue that the answer lies in Ayn Rand’s philosophy of capitalism and self-interest. In the past few years, Rand’s works have surged to new sales records, and such people as Paul Ryan, John Stossel, and Whole Foods founder John Mackey cite her as one of their chief influences. Here, Brook and Watkins explain how Rand’s ideas can solve a host of political and economic ills, including the debt crisis, inflation, overregulation, and the swelling welfare state. And most important, they argue that Rand’s philosophy of Objectivism can enable defenders of the free market to seize the moral high ground in the fight to limit government. This is a fresh and timely look at the ideas of one of the most controversial figures in modern history—and the immediate relevance of her message.
Featuring Benjamin H. Friedman, Research Fellow in Defense and Homeland Security Studies, Cato Institute; Spencer Ackerman, Senior Writer, WIRED Magazine; and Julian Sanchez, Research Fellow, Cato Institute; moderated by Laura Odato, Director of Government Affairs, Cato Institute.
Featured PublicationWe are grateful to the Harry and Lynde Bradley Foundation and the Carthage Foundation whose support of the October 2012 Cato Conference “Europe’s Crisis and the Welfare State: Lessons for the United States” made possible this special issue of the Cato Journal.
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The document is based on solid premises and the OAS should be commended for this candid report.
Featured BookRenowned development economist Deepak Lal draws on 50 years of experience around the globe to describe developing-country realities and rectify misguided notions about economic progress.
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The Cato Institute tops a new measure of think tank performance in the United States, according to a recent report. Cato bested all other U.S. think tanks in the main category of “Aggregate Profile per Dollar Spent.” “I’m grateful to the Center for Global Development for showing that Cato gives its sponsors something I wish government gave more of to taxpayers: bang for the buck,” said Cato CEO John Allison.