Martin Hooss's Articles
Ayn Rand & Objectivism, Economics, Philosophy
Ayn Rand vs. Classical Economists
Martin Hooss May 21, 2022
Ayn Rand’s case for capitalism stands in marked contrast to what might be termed the classical defense of capitalism. “The classical economists attempted a tribal justification of capitalism on the ground that it provides the best ‘allocation’ of a community’s ‘resources,’” she wrote.