Ayn Rand Quotes
Congress shall make no law abridging the freedom of production and trade.
Rand, Ayn. Atlas Shrugged. Random House, 1957, p. 1069.
On the suggestion that "sin taxes" on alcohol and tobacco be raised:
to grant a state monopoly for maintaining slaughterhouses
The mantra was not heard much after the collapse of the ‘smart’ markets in 2008 and the ‘dumb’ governments had to come to the rescue of the economy all over the industrialized world.
This quotation is of interest because it shows that the switching of positions by the two dominant parties on protectionism and free trade was not just an American phenomenon. Like the United States, the English conservatives on the right were for strong protectionist measures, while the left was for free trade. By the beginning of the 21st century the parties flip flopped both in the U. S. and in England.
This quotation is surprising for most economic conservatives who assume incorrectly that the major "fathers" of free market capitalism would be opposed to radical welfare notions like providing a h=guaranteed income to all. Perhaps the two most improtant of them actually supported such as scheme on the graunds that it would further free market capitlism, not inhibit it.
Ayn Rand was a Russian-American writer and philosopher. She is known for her two best-selling novels, The Fountainhead and Atlas Shrugged, and for developing a philosophical system she named Objectivism. Born and educated in Russia, she moved to the United States in 1926. She had a play produced on Broadway in 1935 and 1936. After two early novels that were initially unsuccessful, she achieved fame with her 1943 novel, The Fountainhead. In 1957, Rand published her best-known work, the novel Atlas Shrugged. Afterward, she turned to non-fiction to promote her philosophy, publishing her own periodicals and releasing several collections of essays until her death in 1982.