From TIA Daily, by way of RealClearMarkets.
Seven years ago, at an event celebrating Ayn Rand’s magnum opus Atlas Shrugged, Representative Paul Ryan talked effusively to a crowd of die-hard Objectivists—proponents of Ayn Rand’s individualist philosophy—of her influence on his thinking. “The reason I got involved in public service, by and large, if I had to credit one thinker, one person, it would be Ayn Rand.”
But it’s an old rule of politics that when one of your friends rises to prominence, the first thing he will do is to disavow any association with you. And so Paul Ryan recently gave an interview to National Review—a conservative publication that has been hostile to Rand since the beginning—in which he declares, “I reject her philosophy.”
Well, I suppose that’s how things work in Washington, DC. As they say: if you want a friend, get a dog.
In fact, this news is not quite the blockbuster you might think….
Read the rest at RealClearMarkets.