The Objective Standard

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Economics

Ayn Rand vs. Classical Economists

by Martin Hooss

May 21, 2022
∙ Paid

Ayn Rand’s case for capitalism stands in marked contrast to what might be termed the classical defense of capitalism. Throughout the past 250 years, proponents of capitalism predominantly have sought to justify it on purely politico-economic grounds—or by arguing that free, unregulated markets result in “the greatest good for the greatest number.” Ayn R…

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