Thursday, October 23, 2008

Ayn Rand is dead.. again...

Wow, it must be tough to be an elderly man, and to realize that the philosophy that you've lived your life by actually has some very large holes in it.

Alan Greenspan, de-regulation advocate and Ayn Rand fanatic, admits he screwed up.

http://www.nytimes.com/2008/10/24/business/economy/24panel.html?_r=1&hp&oref=slogin

Money quote:

“Do you feel that your ideology pushed you to make decisions that you wish you had not made?”Mr. Greenspan conceded: “Yes, I’ve found a flaw. I don’t know how significant or permanent it is. But I’ve been very distressed by that fact.”

We all share your distress.

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