Quote:
Originally Posted by abaya
I keep hearing references to Ayn Rand pop up during this election. I don't really know why...
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Her theories on economics are essentially an incarnation of free market capitalism; she was anti-left and pro pseudo-libertarianism. This is important because a lack of government oversight may have been at least partially responsible for the recent market failures.
Its an argument going back to the 1980s, where you have Reaganomics (supply side, free market, trickle-down) and more traditional economics (marriage of both market and government working together to maintain stability) competing.