Anyone here read Atlas Shrugged?

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nvanprooyen

nvanprooyen

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Dec 8, 2008
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Two words. FUCKING SCARY. I just read it for the second time and how closely some of the shit in that book mirrors some of the things happening right now...wow (it was written over 50 years ago).

For those of you around here who are freedom loving capitalists, it's a must read. Long as hell, but probably the best book I've ever read.
 
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nvanprooyen said:
Two words. FUCKING SCARY. I just read it for the second time and how closely some of the shit in that book mirrors some of the things happening right now...wow (it was written over 50 years ago).

For those of you around here who are freedom loving capitalists, it's a must read. Long as hell, but probably the best book I've ever read.
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In before the socialists.
 
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guerilla said:
Sales of "Atlas Shrugged" Soar in the Face of Economic Crisis

Rand's The Fountainhead is pretty good too. That's not as hard edged, but it does give an insight into how people with low self worth get co-opted into socialism.
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Ya, Fountainhead is good as well. More focused on individualism than capitalism in my opinion, but definitely a similar vein. Fucking Ellsworth Toohey. That's one evil son of a bitch. Anthem isn't bad either, but I think you need to read at least one of the above to really get the point (since it's like 80 pages instead of 1000).
 
Yeah - watching the looters make their big move is pretty scary.

Anyone know where Galt's Gulch is in the world anymore?
 
Check out the following excerpt from Henry Hazlitt's ECONOMICS IN ONE LESSON (written in 1979):

Government-guaranteed home mortgages, especially when a negligible down payment or no down payment is required, inevitably mean more bad loans than otherwise. They force the general taxpayer to subsidize the bad risks and defray the losses. They encourage people to "buy" houses that they really cannot afford. They tend eventually to bring about an oversupply of houses as compared with other things. They temporarily overstimulate building, raising the cost of building for everybody (including the buyers of the homes with the guaranteed mortgages), and may mislead the building industry into an eventually costly overexpansion. In brief, in the long run they do not increase overall national production but encourage malinvestment.
 
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Economics in One Lesson is a book everyone should read. Even young children can grasp it. It is probably one of the best econ introductions ever.

You can buy it cheap at
Economics in One Lesson

If you check the misesmedia channel on YouTube, they have an interview series for each chapter with leading economists from Hazlitts school of thought. It is a little nerdy, but a nice companion once you have read the book, to address anything you might have questions about.
 
Hey! I've read that book. Good stuff. Anyone read The Law by Bastiat? I need to reread that again soon.
 
this_guy said:
Check out the following excerpt from Henry Hazlitt's ECONOMICS IN ONE LESSON (written in 1979):

Government-guaranteed home mortgages, especially when a negligible down payment or no down payment is required, inevitably mean more bad loans than otherwise. They force the general taxpayer to subsidize the bad risks and defray the losses. They encourage people to "buy" houses that they really cannot afford. They tend eventually to bring about an oversupply of houses as compared with other things. They temporarily overstimulate building, raising the cost of building for everybody (including the buyers of the homes with the guaranteed mortgages), and may mislead the building industry into an eventually costly overexpansion. In brief, in the long run they do not increase overall national production but encourage malinvestment.
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Hey, thanks. I've never read that. Added to my long ass list of things to read.
 
Wesley Mouch = Obama

This book is definitely a must read for any capitalist. And yes, it is quite scary just how closely what is happening in today's world mirrors Ayn Rand's tale of the effects of socialism. Who will be our John Galt and Dagny Taggart?
 
vinny lingo said:
Hey! I've read that book. Good stuff. Anyone read The Law by Bastiat? I need to reread that again soon.
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I've read chunks of it. I think it is on the EconLog.

The Mises Institute put out a Bastiat collection last year IIRC.
 
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