Sunday, December 14, 2008

Can Ayn Rand Survive the Economic Crisis? | Newsweek Business | Newsweek.com

It's not easy being Alan Greenspan these days. As the former Federal Reserve chairman, he urged government regulators to take a light touch while banks like Bear Stearns and Lehman Brothers buried themselves—and the economy more generally—under a mountain of debt. Now that his reputation is plummeting faster than the stock market, he's been forced to admit a "flaw" in his hands-off ideology.
Can Ayn Rand Survive the Economic Crisis? | Newsweek Business | Newsweek.com
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