Biz Lit – Ayn Rand’s Influence on Alan Greenspan

Erin McCune

September 19, 2007

Rand_greenspan

Amid all the coverage of Alan Greenspan's memoir, The Age of Turbulence (disappointment with the current administration, dodging responsibility for the real estate bubble, novelistic and engaging treatment of his jazz filled youth and rise to economic sage and but limited insight into personal philosophy and thinking) there was an interesting article in The New York Times on his devotion to Ayn Rand. As a member of Rand's inner circle he was deeply influenced by her free-market philosophy and defense of individual rights. The NYTimes online features a 1957 Letter to the Editor written by Alan Greenspan in response to a negative review of Rand's Atlas Shrugged.

Business: Ayn Rand’s Literature of Capitalism
The New York Times
By HARRIET RUBIN
Published: September 15, 2007

The Age of Turbulence
by Alan Greenspan
(#1 at Amazon this morning)

Atlas Shrugged
by Ayn Rand
(#59 at Amazon this morning)

Reviews of Greenspan's The Age of Turbulence:

See my previous Biz Lit post on the private reading of CEOs

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