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 Dan Ikenson, Director, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Simon Lester, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Daniel Pearson, Senior Fellow, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; and Bill Watson, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
P.J. O’Rourke discusses his book, The Baby Boom: How It Got That Way (And It Wasn’t My Fault) (And I’ll Never Do It Again) on FBN’s The Independents
March 11, 2014
March 11, 2014
Latest CommentaryOn Monday, former National Security Agency contractor Edward Snowden beamed himself into a packed room at the South by Southwest festival...
The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.