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Societies for the History of Economics

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Societies for the History of Economics <[log in to unmask]>
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Samuel Bostaph <[log in to unmask]>
Date:
Fri, 27 Mar 2009 19:29:07 -0400
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Societies for the History of Economics <[log in to unmask]>
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Pu-leeze don't drag poor old Ayn Rand into any discussion of Alan 
Greenspan's or George Bush's economics (whatever that might be) or 
economic policy. Rand's understanding of econ was rudimentary, except 
that she favored a gold money and 100% reserves of gold coins for 
banking practice. Her general position was that the connection 
between government and the economy should be severed completely.

So far as I can tell, what Greenspan wrote while a member of Rand's 
inner collective had nothing to do with his post-1960s ideas or his 
career in government service.

Samuel Bostaph

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