Greenspan on Sensible Economic Policy

In a column for WaPo, David Ignatius discusses Alan Greenspan’s views on sensible economic policy, noting his Rand influence in the process:

It’s a delicious irony of Washington that Clinton’s heir in the trade debate is the balding, obscurantist, Ayn Rand-reading chairman of the Federal Reserve, Alan Greenspan. He gave a speech last Friday in Omaha that should be required study for every Democrat this year. It expressed the hard fact that escapism isn’t an economic policy.
The Fed chairman began by agreeing with the trade-worriers that intense global competition has brought stress and anxiety. “There is a palpable unease that businesses and jobs are being drained from the United States, with potentially adverse long-run implications for unemployment and the standard of living of the average American,” he said.
Greenspan went on to summarize some of the growth statistics that make economists so confident that the long-term benefits of free trade and open markets outweigh the short-term costs. But he counseled workers that they must have the skills to compete. “By far, the greatest contribution during the past half-century to our average annual real GDP growth of three-quarter percent has been the ideas embodied in both our human and physical capital.” And he warned that if workers don’t get the skills required by a changing economy, the result will be growing inequality of incomes.
Greenspan’s gospel is simple, and backed by hard numbers: “Over the long sweep of American generations and waves of economic change we simply have not experienced a net drain of jobs to advancing technology or to other nations.” That was Clinton’s faith, too, and it gave him the discipline to resist politically popular policies that would have undermined economic growth.
Democrats are right to challenge the poor economic record of the Bush administration, which has squandered many of the gains of the 1990s. But they should base their critique on sound economics and honest advice to America’s working people — not on the false hope that the United States can somehow opt out of a world that is growing more competitive by the day.

See the full article for more details.

Capitalism: The Cure for Education Failures

In a review of Education and Capitalism: How Overcoming Our Fear of Markets and Economics Can Improve America’s Schools (Hoover Press, 362 pages, $15) for the Chicago Sun-Times, Jonathan Hoenig writes:

[Authors Herbert Walberg and Joseph Bast] present a compelling and thoroughly researched argument for introducing market-based reforms into public schools.
The vast majority of children in the United States attend public schools, and in a methodic and disciplined fashion, the authors make a comprehensive case why the free market can better educate more students at a lower cost.
The authors begin by describing the horrible condition of public education, which, make no mistake, is a complete mess nationwide. Although government schools maintain a monopoly on public funds, they’ve failed miserably by almost every conceivable benchmark.
Even more depressing is that even as results have dropped, the size and cost of the government school bureaucracy has soared.

The solution?

The solution is capitalism, the same incredible force of productive change that brought civilization out of the Dark Ages and propelled this country to the highest standard of living, for rich and poor alike, in all of human history.
The authors’ thesis, built on the groundwork laid by the University of Chicago’s Milton Friedman, is that just as the free market has created unparalleled innovation in medicine, agriculture and communication, so could it vastly improve education. The ability for parents to choose their schools, and for schools to compete for their attendance, would raise standards and lower cost, just as it has in every other area of our lives.

Walberg and Bast devote a good deal of space to refuting common misconceptions and criticisms of capitalism, and describe how a free market in education might work. But they go beyond that:

[I]n the tradition of economist Ludwig von Mises and philosopher Ayn Rand, they ground their arguments in moral as well as practical terms. Capitalism isn’t simply the most efficient social system ever devised, but the most just as well.

Read the full article for more details!

India's First Woman Astronaut

Kalpana ChawlaKalpana Chawla was on the space shuttle Columbia during its fatal re-entry into Earth’s atmosphere on February 1, 2003.
An inspiration to millions of Indians, she is now the subject of her own biography, Dilip M Salwi’s Kalpana Chawla: India’s First Woman Astronaut.
In an extended excerpt published on rediff.com, we learn that Ayn Rand was one of her favorite authors:

In college, Kalpana showed total dedication to her subject because she enjoyed what she was doing. In fact, she was always dissatisfied with her performance and felt she could have done better. Always dressed in trousers, she used to come to college on a bicycle. As there was no girl’s hostel, initially she stayed in Mata Gujri Hall in the Punjab University campus. In fact, she changed several hostels as she found the hostel environment very noisy and distracting for studies. Later, she lived alone in one room above a garage in a bungalow.
Kalpana had a few select friends and would restrict herself to them and her studies. She learnt karate and became a black belt. She was mentally prepared to fight if any man tried to act smart with her. She also had an aesthetic sense in clothes, was fond of eating simple food and collecting precious stones. She loved a quiet environment and reading books. During those days, her favourite writers were Ayn Rand, Alexander Solzhenitsyn, Salman Rushdie, Richard Bach and Oriana Fallaci. She would even persuade other friends to read these writers. Besides helping her friends in studies, she regularly paid the fees of one poor batch mate out of her pocket money without the girl’s knowledge. Although she believed herself to be no less than any boy and could do any task that they could, she disliked the more aggressive women’s liberation movement of the West.

Ayn Rand’s novels are quite popular in India. In fact, the Atlasphere currently contains 71 profiles from India [update 10/14/04: now more than 250 profiles from India] ? more than any other country but the United States.

Christina Ricci on The Fountainhead

Christina RicciIn an interview with Movieline Magazine from 2001, Christina Ricci mentions that she’s an admirer of The Fountainhead and would like to remake the movie:

Q: What’s your favorite novel? A: The Fountainhead because the writing is so beautiful.
Q: What about The Catcher in the Rye? A: I hate The Catcher in the Rye. It’s so whiny and incredibly self-involved. The fact that it was supposed to represent what we were going through in our teen years – I was just like, fuck you. I can take responsibility for my emotions and actions. […]
Q: If you could have three wishes connected to the movies, what would they be? A: I’d want to remake The Fountainhead. I’d like to run a studio. I want to have the capacity and ability to make films – I don’t have it right now.
Q: Would you say you have a large ego? A: Yes.

Check out the full interview.
PS. In case you didn’t notice, that’s a copy of The Fountainhead she’s holding, in this poster. It looks as if she was approached about participating in a pro-reading poster campaign, and she chose The Fountainhead as the theme for her poster. Copies of this poster are available for purchase online. -Editor

John Stossel Credits Ayn Rand

The Atlas Society reports that the Daily Princetonian ? the Princeton University student newspaper ? carries an interview with John Stossel, the famous investigative reporter for ABC News. From the inteview:

When I struggling with these ideas, I was reading the liberal press, which was in love with the welfare state, and it didn’t really make sense to me. And the conservative press seemed to want to bring police into our bedrooms.
Then I discovered something called Reason Magazine, based out of Los Angeles, which just made sense. Suddenly there were these people who grappled with these ideas before me who understood them better than I did and had a real intellectual foundation for it. My favorite writer there was the editor ? a woman named Virginia Postrel ? who I assumed was some 60 year old lady writing brilliant stuff. But she turned out to be about 10 years behind me at Princeton … Ayn Rand and a book by Charles Murray called In Pursuit of Happiness and Good Government have also influenced me.

Stossel?s hard-hitting TV specials and reports on the show ?20/20? are grounded explicitly in a libertarian philosophy. And among those whom he acknowledges in his new bestseller, Give Me a Break, is The Objectivist Center Executive Director David Kelley.

Environmentalists Prove Ayn Rand Right

In an article for Australia’s The Age, Sixties environmental activist Patrick Moore discusses the changes that have come over the environmental movement in the past forty years. He begins:

I was raised in the tiny fishing and logging village of Winter Harbour on the north-west tip of Vancouver Island, where salmon spawned in the streams of the adjoining Pacific rainforest.
In school, I discovered ecology, and realised that through science I could gain insight into the natural beauties I had known as a child. In the late 1960s I was transformed into a radical environmental activist.
A ragtag group of activists and I sailed a leaky old halibut boat across the North Pacific to block the last US hydrogen bomb tests under President Richard Nixon. In the process I co-founded Greenpeace.

Ayn Rand and Peter Schwartz make a cameo:

At the beginning of the modern environmental movement, Ayn Rand published Return of the Primitive, which contained an essay by Peter Schwartz “The Anti-Industrial Revolution.” In it, he warned that the new movement’s agenda was anti-science, anti-technology, and anti-human.
At the time, he didn’t get a lot of attention from the mainstream media or the public.
Environmentalists were often able to produce arguments that sounded reasonable, while doing good deeds like saving whales and making the air and water cleaner.
But now the chickens have come home to roost. The environmentalists’ campaign against biotechnology in general, and genetic engineering in particular, has exposed their intellectual and moral bankruptcy.
By adopting a zero-tolerance policy towards a technology with so many potential benefits for humankind and the environment, they have lived up to Schwartz’s predictions.
They have alienated themselves from scientists, intellectuals and internationalists.
It seems inevitable that the media and the public will, in time, see the insanity of their position.

Read the whole article for more interesting stories from a former environmental activist.
UPDATE: Michelle Fram-Cohen points out an historical inaccuracy in Moore’s account of Rand’s book:

The facts are that in 1971 Rand published a collection of her essays under the title The New Left: The Anti Industrial Revolution. This was also the title of one essay in the book. Return of the Primitive was published in 1999, and is an expanded edition of The New Left, edited with an introduction by Peter Schwartz. It includes Schwartz?s essay “The Return of the Primitive,” which he used for the title of the new edition.

Salon.com on Ayn Rand Dating Service

Lynn Harris has written a Salon.com article about niche dating sites, which includes kind remarks about the Atlasphere and its denizens:

More and more sites now employ some sort of virtual velvet rope to screen out undesirables; others focus around hobbies, interests, tastes and lifestyles ? and not just dirty ones. These niche sites are more eclectic still than personals services devoted to specific ethnicities, religions, basic sexual preferences, or readers of the same online magazine.
Looking for fellow bikers? Why they’re right here. For doctors? Armchair astrologists? Raw foodies? Geeks? Fans of “Buffy,” “Smallville,” “Lord of the Rings,” “Star Trek”? Just a click away. People with pets can go toKissyKat.com, which is for single animal lovers willing to use a site called KissyKat.com.
There’s also ? my personal favorite ? the Ayn Rand Online Dating Service (part of the Rand-admirer community “the Atlasphere”), whose members, fans of Rand-flavor reason and rationality (and perhaps Objectivism), would totally win a rumble against the “metaphysically minded people” searching for their “twinflames” at Astral Hearts Metaphysical Personals.

Isn’t that the truth.

Adam Vinatieri Discusses Atlas Shrugged

Commitment is important in football, but not all players’ inspiration for excellence and commitment is instilled by the coach. Here’s a few words from Adam Vinatieri on his favorite book, Atlas Shrugged.

If you assume Vinatieri’s reading list begins and ends at Field & Stream, guess again. His favorite book is Atlas Shrugged, by Ayn Rand. It is an epic novel about a society in mysterious decline, and about the death and rebirth of the human spirit. The book profoundly influenced Vinatieri’s feelings about the importance of pride in the work place.
“The book’s about commitment,” he says. “Whatever you do and whatever you’re going to put your name on, whatever you’re going to sign as your work, do it to be proud of what you’re doing. Do it the best you can and you’ll never be disappointed. You’ll never have to say, ‘What if I had tried a little harder?'”

From an NFL.com interview conducted by Vic Carruci. The column is titled “Kickin’ back with the Vinatieris.”

Camille Paglia on Ayn Rand

A Salon.com search for “Ayn Rand” yields a real gem ? Camille Paglia answering the question: “You remind me a lot of Ayn Rand. Both of you are foreign-born American writers who are unafraid atheists and brilliantly and fiercely analytical. Do you welcome this comparison? What is your opinion of Ayn Rand?”

Many people have noticed the very real parallels between Ayn Rand and me. (I was born in the United States, however; my mother and all four of my grandparents were born in Italy.) A New Yorker profile of Rand several years ago in fact called her “the Camille Paglia of the 1960s.”
Ayn Rand was the kind of bold female thinker who should immediately have been a centerpiece of women’s studies programs, if the latter were genuinely about women rather than about a clichéd, bleeding-heart, victim-obsessed, liberal ideology that dislikes all concrete female achievement. Like me, Rand believed in personal responsibility and self-transformation as the keys to modern woman’s advance.
Rand’s influence fell on the generation just before mine: In the conformist 1950s, her command to think for yourself was brilliantly energizing. When I was a college student (1964-68), I barely heard of her and didn’t read her, and neither did my friends. Our influences were Marshall McLuhan, Norman O. Brown, Leslie Fiedler, Allen Ginsberg and Andy Warhol.
When my first book finally got published in 1990, a major Rand revival was under way. I was asked about her so often at my book signings and lectures that I researched her for the first time. To my astonishment, I found passages in her books that amazingly resemble my own writing: This is certainly due to the fact that we were inspired by the same writers, notably Nietzsche and the High Romantics.
The main differences between us: First, Rand is more of a rationalist, while I have a mystical 1960s bent (I’m interested in astrology, palmistry, ESP, I Ching, etc.). Second, Rand disdains religious belief as childish, while I respect all religions on metaphysical grounds, even though I am an atheist. Third, Rand, like Simone de Beauvoir, is an intellectual of daunting high seriousness, while I think comedy is the sign of a balanced perspective on life. As a culture warrior, I have used humor and satire as the most devastating weapons in my arsenal!

Film Rights Acquired to Rand's Anthem

This comes via Iris Bell:
Rights have been acquired to the Ayn Rand novel Anthem. Jim Snider and Kerry O’Quinn are co-writing the screenplay for theatrical production.
At one time, choreographer Agnes DeMille, and later Russian expatriate Rudolph Nureyev, liked the idea of turning Anthem into a ballet. Walt Disney even expressed interest in developing the novel as an animated film, but Anthem never made it to stage or screen. That is all about to change.
Writer/Producer Jim Snider’s most recent film is Hope Ranch, starring Bruce Boxleitner (Tron, Babylon-5), Lorenzo Lamas (Falcon Crest, Renegade) and Gail O’Grady (NYPD Blue, American Dreams).
Writer/Producer Kerry O’Quinn built a New York magazine empire including Starlog and Fangoria, produced soundtrack albums, and developed a sci-fi series for HBO.
Pre-production is slated to begin in 2004.
For more information, contact Kerry O’Quinn or Jim Snider.