Word: rand
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...Depressions are brought about by the government" and cannot occur under a free economy, Miss Rand said. However, she indicated "we're on the way to the worst depression; one that will make '29 look like child's play...
...becomes a criminal the minute he goes into business, no matter what he does," Miss Rand said in criticizing the Sherman Anti-Trust laws. They are "unintelligible laws the businessman can't help breaking," and their only meaning is the "penalizing of ability for being ability." They are a "constant threat of disaster," putting the businessman at the "mercy of any young bureaucrat," who has a "yen to do some trustbusting...
...question and answer period following the lecture, Miss Rand was asked, "What can business do to get the government off its back?" she answered, "It is up to us intellectuals to take the chains off, and to destroy the anti-trust laws by propagating ideas." She suggested the businessman become more politically vocal and articulate...
When asked if small business can co-exist with big business, Miss Rand replied that it is "only when big business is free that small business can exist and flourish...
This line of argument is decked out with the usual trimmings: the swipes at RAND for its military bias, the rhetorical questions about who wants to survive in the "society that would emerge from the shelters" anyhow. and the final, strident, despairing plea for negotiations ("Both sides are driven to the conference table by the same iron compulsion of thermo-nuclear reality"). Nothing can disguise the fact that these arguments are of the heart and glands more than of the mind; and it is to Piel's credit that he does not try to disguise them (much...