Ayn Rand’s nonfiction book Capitalism has a subtitle that is truly startling. Rand held that capitalism is “The Unknown Ideal.” Capitalism is a social system so widely misunderstood and distorted and maligned that few understand its nature and history — let alone view it as morally good. Rand observed: “No politico-economic system in history has … Continue reading Ayn Rand on Economics: How Capitalism Hinges on Philosophy