Mike Wallace Interviews Ayn Rand (1959)
In this engaging 1959 interview, her first on television, Ayn Rand capsulizes her philosophy for CBS’s Mike Wallace. The discussion ranges from the nature of morality to the economic and historical distortions disseminated about the “robber barons.” She also comments on her relationship with Frank O’Connor, provides some autobiographical information and gives her perspective on...
Why Not . . . ?
Awesome debate smackdown line, in the comments section of Barron’s:
“Now that you told us how you feel, why not tell us what you think?”
Really caught my eye . . .
Ten Pillars of Economic Wisdom
Nice piece I came across in Library of Economics and Liberty. There is not a lot to disagree with these. My one caveat about all such rules is that are a rough framework for conceptualizing the world, and are neither gospel nor a mantra. Reality does tend to intrude from time to time, making these...
Mary Matlin’s Economics
Paul Kasriel will be retiring from The Northern Trust Company on April 30. In the last month of his tenure, he plans to share some of his parting thoughts on economics. He begins with this humdinger: “Now, on to Mary Matalin. I saw her on one of the cable news shows on Wednesday defending Republican...
Altar of a Minor God
I break out into this declaration not because of a lurking tendency to megalomania, but, on the contrary, as a man who has no very notable illusions about himself. I follow the instincts of vain-glory and humility natural to all mankind. For it can h...
Altar of a Minor God
I break out into this declaration not because of a lurking tendency to megalomania, but, on the contrary, as a man who has no very notable illusions about himself. I follow the instincts of vain-glory and humility natural to all mankind. For it can h...
The Big Picture For The Week Of March 25. 2012
A few brief items this morning.First up is the meltdown of the Velocity Shares Daily 2x VIX Short Term ETN which is more commonly referred to by its symbol which is TVIX. This is a levered ETN that tracks the futures market for the VIX index. Futures o...
$2 Million?
The other day a reader left the following comment;I read a lot and figure someone needs $2M to really have a good shot at living well and retiring with few worries. Roger your thoughts?The reader also shared that he is 58 with the implication that he i...
Chesterton’s Fence
In the matter of reforming things, as distinct from deforming them, there is one plain and simple principle; a principle which will probably be called a paradox. There exists in such a case a certain institution or law; let us say, for the sake of simp...
Cogito, Ergo Whom?
Carlyle Group said Wednesday, Jan. 31, it reached a definitive agreement to acquire Philosophy Inc., a fast-growing brand of lotions and personal-care products, for an undisclosed sum.
The Phoenix-based company generates about $50 million in Ebitda an...
