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...preliminary conferences leading to this week's summit on inflation, John Kenneth Galbraith looked over the 28 other economists who had gathered in the White House and quipped that the remedies for inflation would be about the same for "Bolsheviks and the devoted supporters of Ayn Rand, if there are any present." Then Alan Greenspan smiled and spoke up: "There's at least...

Author: /time Magazine | Title: PERSONALITY: The Chairman's Favorite Author | 9/30/1974 | See Source »

...there was. The new chairman of the President's Council of Economic Advisers is a longtime friend and disciple of Ayn Rand, the Russian-born author whose novels of rebellious achiever-heroes (We the Living, The Fountainhead, Atlas Shrugged) and nonfiction books have sold at least 12 million copies in 38 years. Greenspan, who is 48, makes no secret of his admiration for Rand, who is now a vigorous 69. His admiration extends to Rand's work and her philosophy of Objectivism, which she describes as advocating "reason, individualism and capitalism." It rejects altruism and embraces, says Rand...

Author: /time Magazine | Title: PERSONALITY: The Chairman's Favorite Author | 9/30/1974 | See Source »

...Taxes. Ayn (as in "mine") Rand is openly pleased over her real-life achiever-hero's rise to the White House. She traveled from her midtown Manhattan apartment to Washington, D.C., this month to watch Greenspan's swearing-in, then was introduced to President Ford. "I'm very proud of Alan," she says. "His is a heroic undertaking...

Author: /time Magazine | Title: PERSONALITY: The Chairman's Favorite Author | 9/30/1974 | See Source »

...basic views have been greatly influenced by his friend and mentor, the Russian-born novelist and theorizer Ayn Rand (The Fountainhead, Atlas Shrugged), whom he has known since 1952. "America's abundance," she has written, "was not created by public sacrifices to the common good, but by the productive genius of free men who pursued their own personal interests." Of Greenspan's new job, Rand, 69, said last week: "I think it's an heroic undertaking...

Author: /time Magazine | Title: ECONOMISTS: Super-capitalist at the CEA | 8/5/1974 | See Source »

Private Parts concerns an adolescent girl from Cleveland who puts up at this hotel, which is managed by her dotty aunt Martha (Lucille Benson). The girl is called Cheryl (Ayn Ruymen), a name that can be pronounced correctly only while cracking gum, and she is in for a bad time. Not only do the tenants stalk her and spook her, but her passion for a rather creepy photographer risks more than simple heartbreak. The movie is rather delirious camp, wonderfully photographed by Andrew Davis and directed by Paul Bartel with the fervor of a carny barker at a freak show...

Author: /time Magazine | Title: Heartbreak Hotel: Heartbreak Hotel | 3/5/1973 | See Source »

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