Saturday, November 15, 2008

At last the Novel

Ajit Balakrishnan says in BSif the famous Greenspan ‘put’ is at the heart of the crisis, blame it on the faith in unbridled free enterprise he inherited from Ayn Rand”.

But one has to go long way to understand what he says further that the “Atlas Shrugged epitomised Ayn Rand’s faith in an unbridled free enterprise system; the belief that the clear separation of the economy and state was as central to human progress as the separation of the church and the state had been in an earlier era. And the belief that any form of state intervention in society is fatally flawed and would lead to stagnation”.


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