“One of the methods used by statists to destroy capitalism consists in establishing controls that tie a given industry hand and foot, making it unable to solve its problems, then declaring that freedom has failed and stronger controls are necessary.”
These words were written more than 30 years ago, but they apply exactly to today’s financial crisis. Today’s problems are the result of a government-controlled financial and housing system that rewarded irrational behavior and punished responsible behavior. Yet they are being blamed on “the free market”—with more controls offered as the solution.
Why? For the same reason that the controls were passed in the first place. The dominant moral and political ideas in our culture lead Americans to believe that a free market, with its unfettered pursuit of self-interest, is immoral and destructive—whereas a government that controls and manipulates the economy in some indefinable “public interest” is seen as a source of economic security and prosperity.
On these pages, ARC experts clarify the fundamental issues involved in the current crisis—the controls that led to it, the ideas that led to the controls, the destructiveness of the government response so far. And they provide the antidote: an explanation of the true, benevolent nature of the morality of rational self-interest and the political-economic system of laissez-faire capitalism.
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Op-Eds
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Misrepresenting "How We Arrived at This Moment"
Tuesday, April 7, 2009
By: Alex Epstein
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Mob Rule Comes to Washington
Monday, April 6, 2009
By: Peter Schwartz
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Is Rand Relevant?
Friday, March 13, 2009
By: Yaron Brook
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The Green Energy Fantasy
Wednesday, February 25, 2009
By: Keith Lockitch
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Let Bankruptcy Courts Take the Wheel
Wednesday, February 11, 2009
By: Thomas Bowden
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The High Cost of Washington's Price Manipulation Policy
Friday, December 5, 2008
By: Yaron Brook and Don Watkins
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Stop Blaming Capitalism for Government Failures
Thursday, November 13, 2008
By: Yaron Brook and Don Watkins
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The Maestro vs. the Market
Tuesday, November 4, 2008
By: Alex Epstein
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Let Them Fail
Friday, October 31, 2008
By: Amit Ghate
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In Defense of Speculators and Short-Sellers
Thursday, October 2, 2008
By: Amit Ghate
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An Open Letter to Borrowers and Lenders: Take Responsibility for Your Decisions
Wednesday, June 4, 2008
By: Alex Epstein
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Too Big to Bail
Tuesday, March 18, 2008
By: Alex Epstein
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Project Lifeline: Collaboration or Intimidation?
Monday, March 10, 2008
By: Alex Epstein
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The Injustice of "Doing Something" about Subprime
Monday, November 26, 2007
By: Alex Epstein
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What Is Killing the Stock Market? Government Regulation
Tuesday, July 30, 2002
By: Yaron Brook and Alex Epstein
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Congressional Hysteria Will Not Make Every Businessman Honest
Thursday, July 25, 2002
By: Edwin A. Locke
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Forbes.com Op-Eds
The Government Did It
July 18, 2008
By Yaron Brook
From Flat World To Free World
June 26, 2008
By Yaron Brook
To Stimulate The Economy, Liberate It
February 14, 2008
By Yaron Brook
Press Releases
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Atlas Shrugged on Floor Displays at Largest Bookstores
Monday, June 29, 2009
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Atlas Shrugged Triples in Sales
Tuesday, May 12, 2009
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Obama Evades Government's Role in the Crisis
Friday, April 10, 2009
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Sales of "Atlas Shrugged" Soar in the Face of Economic Crisis
Monday, February 23, 2009
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How to Stop the Next Madoff
Monday, January 12, 2009
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Pain of Recession Foretells Agony of Green Economy
Monday, January 12, 2009
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Obama's Backward Economics
Friday, January 9, 2009
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Republican Socialists
Wednesday, December 31, 2008
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The Right's Pathetic Opposition to the Auto Bailout
Monday, December 15, 2008
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Since When Does America Allow Czars?
Thursday, December 11, 2008
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Articles
America's Unfree Market, by Yaron Brook and Don Watkins
Atlas Shrugged and the Housing Crisis that Government Built, by Yaron Brook
Video & Audio
The Financial Crisis: What Happened and Why
A lecture course delivered by Yaron Brook at Objectivist Summer Conference 2009
ARC on Pajamas TV
» Browse Pajamas TV appearances at ARCTV
The AIG Controversy
Yaron Brook on The Thom Hartmann Show
March 16, 2009
Part 1 |
Essays in
The Objective Standard
The Resurgence of Big Government
By Yaron Brook
The Morality of Moneylending: A Short History
By Yaron Brook
Commentary from Other Sources
From time to time, ARC posts commentary from outside sources that we think may be of interest to our readers. Please note that the following items were not produced by ARC and do not necessarily reflect our views. For commentary by ARC writers, please see the Op-Eds, Articles, Press Releases and Video & Audio sections of this page.
Big Government Is Watching
By Ahmed Sule and Raymond Niles
CFA Magazine, January/February 2009
($3 access fee)
The Decline and Fall of American Conservatism
By C. Bradley Thompson
The Objective Standard, Fall 2006
Web Interviews & Commentary
Interview with Don Watkins
By Dr. Mike Beitler
June 4, 2009
The Ayn Rand Renaissance
By Yaron Brook
The Fox Forum, April 20, 2009
Interview with Alex Epstein
By KRMS Radio
January 15, 2009
Who Is To Blame?
With Yaron Brook
Published by Newsweek, December 10, 2008
What Capitalists Need to Understand
By Alex Epstein
Published on The Telegraph's blog on December 10, 2008
The Bailout: Just a $700 Billion Hedge Fund?
By Alex Epstein
Published on the Fox News Web site on September 26, 2008
Shunning the Unknown Ideal of Capitalism Created the Market Tumult
By Alex Epstein
Published in The Telegraph’s blog on September 23, 2008
Wall Street’s Casualties Were Too Greedy. Or Were They Not Greedy Enough?
With Harry Binswanger
Published in the Globe and Mail on September 20, 2008
What Would Ayn Rand Have Done?
With Yaron Brook
Published in Time.com on September 19, 2008
Letters to the Editor
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Britain Should Start "Easing" Government Stranglehold on the Economy
Sunday, March 8, 2009
By: Alex Epstein
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Government Found Guilty of Assaulting the Economy
Thursday, October 16, 2008
By: David Holcberg
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Free Market Policies Needed to Solve the Crisis
Wednesday, October 15, 2008
By: David Holcberg
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Abolishing the Housing Welfare-regulatory Apparatus
Tuesday, September 16, 2008
By: Alex Epstein
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No Bailouts for Borrowers or Lenders
Wednesday, May 7, 2008
By: David Holcberg
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No Bailouts for Homeowners or Lenders
Friday, November 23, 2007
By: David Holcberg
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Goal of Bailout Plans is Unjust, Not Admirable
Sunday, September 23, 2007
By: Alex Epstein
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Lenders Are Damned If They Lend--and Damned If They Don't
Tuesday, April 3, 2007
By: David Holcberg
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ARC on the Tea Parties
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