Ayn Rand on ‘Moral Sanction’: What Bryan Caplan Gets Wrong

By Jon Hersey

The great economist Bryan Caplan is notable for showing the plausibility, sometimes even the truth, of counterintuitive ideas. But occasionally his arguments recoil on themselves. So it is with his article “‘Sanction’: The Triumph of Ayn Rand’s Worst Idea,” recently sent out to his Substack subscribers.¹

Therein he argues that long-dead philosopher and no…