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	<title>VOICES for REASON</title>
	
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	<lastBuildDate>Fri, 03 Feb 2012 05:06:17 +0000</lastBuildDate>
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		<title>Iran’s financial web</title>
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		<pubDate>Fri, 03 Feb 2012 05:06:17 +0000</pubDate>
		<dc:creator>Elan Journo</dc:creator>
				<category><![CDATA[Foreign Policy]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[jonathan schanzer]]></category>
		<category><![CDATA[mark dubowitz]]></category>
		<category><![CDATA[sanctions]]></category>

		<guid isPermaLink="false">http://blog.aynrandcenter.org/?p=9926</guid>
		<description><![CDATA[What&#8217;s often forgotten (or ignored?) about the Iranian nuclear program is that Tehran has advanced this far despite being subject to numerous sanctions for many years. There&#8217;s now a strong push in Congress to amp up economic sanctions on the regime. In Foreign Policy, Mark Dubowitz and Jonathan Schanzer discuss Iran&#8217;s use of an international financial-transactions system, and argue [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://blog.aynrandcenter.org/wp-content/uploads/2012/02/1290132_386394411.jpg"><img class="alignright size-medium wp-image-9938" title="1290132_38639441" src="http://blog.aynrandcenter.org/wp-content/uploads/2012/02/1290132_386394411-300x150.jpg" alt="" width="300" height="150" /></a>What&#8217;s often forgotten (or ignored?) about the Iranian nuclear program is that Tehran has advanced this far <em>despite</em> being subject to numerous sanctions for many years. There&#8217;s now a strong push in Congress to amp up economic sanctions on the regime. In <em>Foreign Policy</em>, <a href="http://www.foreignpolicy.com/articles/2012/02/01/canceling_the_mullahs_credit_card">Mark Dubowitz and Jonathan Schanzer</a> discuss Iran&#8217;s use of an international financial-transactions system, and argue that severing Tehran&#8217;s link to that system could seriously disrupt its ability to engage in trade. Definitely worth reading.</p>
<p>My take is that further sanctions, if really effectual, could help disrupt or slow down Iran&#8217;s program, but I continue to <a href="http://blog.aynrandcenter.org/irans-strident-defiance/">maintain</a> that eliminating the <a href="http://blog.aynrandcenter.org/rhetoric-vs-reality-obamas-response-to-the-iranian-assassination-plot/">threat</a> from that regime will require far more &#8212; at this point, almost certainly military coercion.</p>
<p><small>image:<a href="http://www.sxc.hu/browse.phtml?f=download&amp;id=1290132">sxc.hu</a></small></p>
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		<title>Happy Birthday, Ayn Rand</title>
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		<comments>http://blog.aynrandcenter.org/happy-birthday-ayn-rand-2/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 18:22:33 +0000</pubDate>
		<dc:creator>Rituparna Basu</dc:creator>
				<category><![CDATA[ARI/ARC news]]></category>
		<category><![CDATA[Ayn Rand]]></category>
		<category><![CDATA[Culture]]></category>
		<category><![CDATA[Government & Policy]]></category>
		<category><![CDATA[birthday]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://blog.aynrandcenter.org/?p=9909</guid>
		<description><![CDATA[Ayn Rand was born on February 2, 1905. To commemorate the 107th anniversary of her birth, ARC analyst Don Watkins has an op-ed on FoxNews.com today, in which he discusses the controversy over Rand&#8217;s influence on today&#8217;s politics. &#8220;Rand has clearly inspired millions,&#8221; he writes, &#8221;But a debate has emerged over the question of Rand’s political [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://blog.aynrandcenter.org/wp-content/uploads/2012/02/ar_talbot.jpg"><img class="alignright size-full wp-image-9910" title="ar_talbot" src="http://blog.aynrandcenter.org/wp-content/uploads/2012/02/ar_talbot.jpg" alt="" width="123" height="150" /></a>Ayn Rand was born on February 2, 1905. To commemorate the 107th anniversary of her birth, ARC analyst Don Watkins has an op-ed on FoxNews.com today, in which he discusses the controversy over Rand&#8217;s influence on today&#8217;s politics.</p>
<p>&#8220;Rand has clearly inspired millions,&#8221; he writes, &#8221;But a debate has emerged over the question of Rand’s political influence, with many commentators claiming her ideas have played a key role in shaping the political landscape. . . . But to gauge Rand’s influence, we need to know more about her views than the sound bites we’re typically offered.&#8221;</p>
<p>Why are Tea Partiers, political commentators, and politicians talking about a philosopher almost thirty years after her death? Read the <a href="http://www.foxnews.com/opinion/2012/02/02/happy-birthday-ayn-rand-why-are-still-so-misunderstood/">article</a> to find out.</p>
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		<title>“Large enough to be meaningful”—who decides?</title>
		<link>http://feedproxy.google.com/~r/VoicesforReason/~3/m10Fwc8_pTs/</link>
		<comments>http://blog.aynrandcenter.org/large-enough-to-be-meaningful-who-decides/#comments</comments>
		<pubDate>Thu, 01 Dec 2011 04:56:12 +0000</pubDate>
		<dc:creator>Tom Bowden</dc:creator>
				<category><![CDATA[Government & Policy]]></category>
		<category><![CDATA[FDA]]></category>
		<category><![CDATA[health care]]></category>

		<guid isPermaLink="false">http://blog.aynrandcenter.org/?p=9894</guid>
		<description><![CDATA[As expected (and dreaded, by some), the U.S. Food and Drug Administration has revoked its approval of Avastin for treatment of advanced breast cancer. The Wall Street Journal has reported and editorialized on the event, which came in the form of a 69-page decision by Food and Drug Commissioner Margaret A. Hamburg, M.D. If you [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://blog.aynrandcenter.org/wp-content/uploads/2010/12/Breast-cancer-awareness.jpg"><img class="alignright size-medium wp-image-7476" title="Breast cancer awareness" src="http://blog.aynrandcenter.org/wp-content/uploads/2010/12/Breast-cancer-awareness-225x300.jpg" alt="" width="225" height="300" /></a>As expected (and dreaded, by some), the U.S. Food and Drug Administration has revoked its approval of Avastin for treatment of advanced breast cancer. The <cite>Wall Street Journal</cite> has <a href="http://online.wsj.com/article/SB10001424052970203699404577046041941288780.html">reported</a> and <a href="http://online.wsj.com/article/SB10001424052970203611404577046133283707236.html?mod=googlenews_wsj">editorialized</a> on the event, which came in the form of a 69-page <a href="http://www.fda.gov/downloads/NewsEvents/Newsroom/UCM280546.pdf">decision</a> by Food and Drug Commissioner Margaret A. Hamburg, M.D.</p>
<p>If you wade through the legalese and medical technicalities all the way to page 38, you will encounter Dr. Hamburg’s crucial conclusion about Avastin’s effects on “PFS.” What’s PFS? It’s an acronym for “progression free survival,” a period of time during which a patient’s disease fails to worsen. In other words, for a patient in a fatal stage of breast cancer, an extra day of PFS = an extra day of no tumor growth.</p>
<p>Back to page 38, where Dr. Hamburg concludes that “the evidence does not show that Avastin has had an effect on PFS <em>large enough</em> to constitute clinical benefit.” The italics are mine—to stress the kind of value judgment Dr. Hamburg is making. What does that mean, “large enough”? According to Dr. Hamburg, it means “large enough to be meaningful to a patient.”</p>
<p>Do you see what’s going on here? Dr. Hamburg, a federal bureaucrat, is claiming a right to decide whether a particular period of delayed tumor growth is “meaningful” to individual patients whom she will never meet, much less examine and treat. In the particular case of Avastin, the latest statistics show that <em>median</em> PFS ranges from 0.8 months to 2.9 months, depending on which study you look at. By putting “median” in italics, I’m stressing that half the women in these studies experienced <em>even longer</em> periods of delayed tumor growth than those deemed not “large enough” to matter. Yet our law permits an FDA bureaucrat to limit these women’s access to medication, simply because an equal number of other women are predicted to benefit less, or not at all.</p>
<p>This is the practical meaning of collectivized medicine, about which I wrote at greater length last year, in a <a href="http://pjmedia.com/blog/the-avastin-travesty/?singlepage=true">PJMedia op-ed</a> called “The Avastin Travesty”:</p>
<blockquote><p>But can risks and benefits really be weighed at the level of society as a whole? A society is only a collection of individuals. A society doesn’t enjoy life, or suffer — only individuals do. Metaphors aside, a society doesn’t get sick and die — only individuals do. To appreciate the difference, consider how a rational patient with breast cancer decides whether to undergo drug treatment.</p>
<p>Such a patient weighs (among other things) the statistical likelihood of a favorable result against the statistical likelihood of painful side effects. At all times, her judgment is individual and personal: How will <em>my life</em> improve if these tumors temporarily stop growing? How might side-effects interfere with <em>my enjoyment</em> of life? How much better will <em>I feel </em>if the results are above average — or how much worse, if the results are below average? How much is an additional year, month, or week of relatively normal life worth <em>to me</em>?</p>
<p>The FDA’s experts take professional pride in refusing to allow such individual considerations to influence their decisions. Instead, they float among the statistical clouds, observing that Avastin delays tumor growth by only 3 to 12 weeks on average and that some patients actually get worse after taking the drug. From behind a veneer of scientific respectability supplied by charts and graphs that ignore the individual patient, these experts then ask a question to which no rational answer can be given: What is the meaning <em>to society</em> of one month in an individual’s life?</p></blockquote>
<p>In the ongoing debate over American medicine, it is crucial to understand how often we are asked to sacrifice the individual’s welfare for the alleged needs of society.</p>
<p><small>Image: <a href="http://commons.wikimedia.org/wiki/File:Breast_Cancer_Awareness_(263497131).jpg">WikiMedia Commons</a></small></p>
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		<title>An adventure in historical revisionism</title>
		<link>http://feedproxy.google.com/~r/VoicesforReason/~3/6d-DSArQY9A/</link>
		<comments>http://blog.aynrandcenter.org/an-adventure-in-historical-revisionism/#comments</comments>
		<pubDate>Wed, 23 Nov 2011 19:04:52 +0000</pubDate>
		<dc:creator>Tom Bowden</dc:creator>
				<category><![CDATA[Government & Policy]]></category>
		<category><![CDATA[David Bernstein]]></category>
		<category><![CDATA[George Will]]></category>
		<category><![CDATA[Glenn Reynolds]]></category>
		<category><![CDATA[liberty of contract]]></category>
		<category><![CDATA[Richard Epstein]]></category>
		<category><![CDATA[Supreme Court]]></category>

		<guid isPermaLink="false">http://blog.aynrandcenter.org/?p=9876</guid>
		<description><![CDATA[The latest issue of George Mason Law Review, currently in the mail to subscribers (how quaint that sounds in this digital age), contains my review of an important new book on the landmark Supreme Court case of Lochner v. New York. The book is called Rehabilitating Lochner: Defending Individual Rights Against Progressive Reform, by David [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" title="Rehabilitating Lochner" src="http://ecx.images-amazon.com/images/I/51cN8aRuBhL._SL500_AA300_.jpg" alt="" width="300" height="300" />The latest issue of <cite>George Mason Law Review</cite>, currently in the mail to subscribers (how quaint that sounds in this digital age), contains <a href="http://www.georgemasonlawreview.org/doc/19-1-BOWDEN.pdf">my review</a> of an important new book on the landmark Supreme Court case of <cite><a href="http://www.law.cornell.edu/supct/html/historics/USSC_CR_0198_0045_ZS.html">Lochner v. New York</a></cite>. The book is called <a href="http://www.amazon.com/Rehabilitating-Lochner-Defending-Individual-Progressive/dp/0226043533"><cite>Rehabilitating Lochner: Defending Individual Rights Against Progressive Reform</cite></a>, by David E. Bernstein, a professor at George Mason University School of Law.</p>
<p>I welcomed the opportunity to review Bernstein’s book because the <em>Lochner</em> case stands as an enduring symbol of the most important debate in American legal history. Do individuals have natural rights that government must respect, even when political majorities want to infringe upon them? The majority in <cite>Lochner</cite> said yes—but Justice Oliver Wendell Holmes, Jr., in a famous dissent, said no. In the century since that 1905 case was decided, legal thinkers have returned time and again to Holmes’s dissent, about which I have written at length <a href="http://www.theobjectivestandard.com/issues/2009-summer/justice-holmes-empty-constitution.asp">elsewhere</a>, to support the idea that judges must step aside and allow legislatures to write laws as if individuals have no rights that the majority must recognize.</p>
<p>Bernstein’s book is attracting attention from prominent legal scholars and commentators. Richard Epstein, professor of law at New York University, <a href="http://www.claremont.org/publications/crb/id.1881/article_detail.asp">wrote</a> in the <cite>Claremont Review of Books</cite> that Bernstein reaffirms a “classical liberal paradigm” that the Supreme Court should employ to “confess, and undo, its prior errors.” In <cite>Commentary</cite>, Glenn Reynolds—the University of Tennessee law professor and Instapundit guru—<a href="http://www.commentarymagazine.com/article/the-lochner-ness-monster/">wrote</a>: “The false narrative of <cite>Lochner</cite> has controlled the past for decades, but Bernstein’s clear and incisive work may wrest that control away and move us back to the truth.” And columnist George Will <a href="http://www.jewishworldreview.com/cols/will090811.php3">endorsed</a> Bernstein’s argument that “Progressivism . . . is hostile to America’s premise that individuals possess rights that preexist government and are not fully enumerated in the Constitution.”</p>
<p><cite>Rehabilitating Lochner</cite> has a limited purpose. It does not set out to resolve the fundamental question whether individuals have natural rights, nor does it even present Bernstein’s view on the matter. It is rather a work of historical revisionism, meant to clear out the nasty underbrush that has grown up around this oft-cited but little understood case. In <a href="http://www.georgemasonlawreview.org/doc/19-1-BOWDEN.pdf">my review</a>, I summarize Bernstein’s achievement this way:</p>
<blockquote><p>     Here, then, is the demythologized <cite>Lochner</cite>. It was a well-reasoned opinion based on strong precedent and time-honored judicial philosophy, not a textually absurd act of judicial malfeasance. It was a sincere attempt to uphold constitutionally protected liberty, not a cynical mask for prejudice. It resulted in the defense of individual liberty against power-wielding political pressure groups, not the surrender of defenseless individuals to callous Social Darwinism. And it was a progenitor of decisions that would recognize constitutionally protected rights in a variety of contexts, not a doctrinal plague-carrier to be exterminated by right-thinking scholars and judges.</p></blockquote>
<p>It is books like this one that are laying the groundwork for a future in which America’s judiciary—and especially the Supreme Court—can intelligently assess its past conduct and chart a future course that’s consistent with the nation’s founding ideals.</p>
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		<title>What to expect from the Obamacare litigation</title>
		<link>http://feedproxy.google.com/~r/VoicesforReason/~3/wPEZSNovcRg/</link>
		<comments>http://blog.aynrandcenter.org/what-to-expect-from-the-obamacare-litigation/#comments</comments>
		<pubDate>Mon, 17 Oct 2011 18:19:06 +0000</pubDate>
		<dc:creator>Tom Bowden</dc:creator>
				<category><![CDATA[Government & Policy]]></category>
		<category><![CDATA[constitutional law]]></category>
		<category><![CDATA[health care]]></category>

		<guid isPermaLink="false">http://blog.aynrandcenter.org/?p=9850</guid>
		<description><![CDATA[Now that the Obama administration has asked the Supreme Court to decide the fate of Obamacare, conservatives are again waxing enthusiastic about the case’s significance. According to Human Events, for example, “The case before the Supreme Court is our last line of legal defense against a fundamental reconstitution of the relationship between American citizens and [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://blog.aynrandcenter.org/wp-content/uploads/2010/12/Obama-signs-health-care.jpg"><img class="alignright size-medium wp-image-7398" title="Obama signs health care" src="http://blog.aynrandcenter.org/wp-content/uploads/2010/12/Obama-signs-health-care-300x200.jpg" alt="" width="300" height="200" /></a>Now that the Obama administration <a href="http://online.wsj.com/article/SB10001424052970204138204576598793856396376.html?mod=googlenews_wsj">has asked the Supreme Court to decide</a> the fate of Obamacare, conservatives are again waxing enthusiastic about the case’s significance. <a href="http://www.humanevents.com/article.php?id=46512">According to <cite>Human Events</cite></a>, for example, “The case before the Supreme Court is our last line of legal defense against a fundamental reconstitution of the relationship between American citizens and their government.”</p>
<p>Last month, in a <a href="http://dailycaller.com/2011/08/12/how-important-is-the-obamacare-litigation/"><cite>Daily Caller</cite> op-ed</a>, I voiced my opinion that this ship has already sailed&#8212;in other words, there has already been a “fundamental reconstitution of the relationship between American citizens and their government,” and the pending Obamacare litigation doesn’t really challenge that consensus:</p>
<blockquote><p>The only argument with any chance of success in today’s Supreme Court starts by admitting that Congress has authority to control every single economic “activity” known to mankind&#8212;farming, building, manufacturing, transporting, storing, insuring, selling, buying, leasing, practicing medicine, operating a hospital, you name it&#8212;but then denies any authority to invade the sacred right of “inactivity.”</p>
<p>It’s hard to blame the plaintiffs for relying on this cooked-up technicality. Faced with the Supreme Court’s long-standing and intransigent refusal to uphold the American ideal of individual rights, they really had two options: do nothing, and watch while Obamacare completes the ruin of private health insurance&#8212;or sue to overturn the statute, but without daring to challenge Congress’s stranglehold over the economy.</p>
<p>Perhaps in the future, a new generation of Supreme Court justices will be open to interpreting the Commerce Clause objectively. In the meantime, sadly, the Obamacare litigation will do nothing to vindicate the founding fathers’ vision of a government whose authority is limited to protecting individual rights.</p></blockquote>
<p>Even Randy Barnett, the Georgetown law professor who&#8217;s been the intellectual architect of the Obamacare challenges, believes it’s important not to overstate the litigation&#8217;s importance. <a href="http://www.hughhewitt.com/transcripts.aspx?id=933413ea-2687-4b99-949a-d6cd0bc9e23b">In a recent radio interview</a>, Barnett responded to his host’s comment that a Supreme Court decision striking down Obamacare would mean Congress’s power is “significantly limited.” Barnett answered:</p>
<blockquote><p>I totally disagree that this is going to limit Congress’ power. I wish it would, Hugh. I wish a victory here would roll back Congress’ power, but it won’t. It’ll just basically say that a power that they’ve gone 230 years without ever exercising before, which is the power to make everybody do business with a private company, that power they’ve never exercised before, they’re not going to be able to exercise in the future. That’s all it’s going to say. And so it’s going to be a very important principle to establish that there still are limits. And if we lose this case, it’s going to be really, really bad. But if we win the case, it’s going to basically preserve the status quo, which is not where I think it ought to be. I think we ought to roll back federal power, but this case is not the case to roll back federal power. This is the case to say this far and no farther.</p></blockquote>
<p>In contrast to some conservatives, then, Barnett is not under a starry-eyed impression that a favorable Supreme Court opinion will “roll back federal power.” This is a good perspective to keep in mind as the case goes forward.</p>
<p><small>Image: <a href="http://commons.wikimedia.org/wiki/File:Obama_signs_health_care-20100323.jpg">WikiMedia Commons</a></small></p>
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		<title>Rhetoric vs. Reality: Obama’s response to the Iranian assassination plot</title>
		<link>http://feedproxy.google.com/~r/VoicesforReason/~3/9D_7Pn9zTbY/</link>
		<comments>http://blog.aynrandcenter.org/rhetoric-vs-reality-obamas-response-to-the-iranian-assassination-plot/#comments</comments>
		<pubDate>Mon, 17 Oct 2011 15:49:59 +0000</pubDate>
		<dc:creator>Elan Journo</dc:creator>
				<category><![CDATA[Foreign Policy]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[Islamic totalitarianism]]></category>
		<category><![CDATA[saudi arabia]]></category>

		<guid isPermaLink="false">http://blog.aynrandcenter.org/?p=9838</guid>
		<description><![CDATA[The rhetoric: Following the busting of an Iranian plot to kill a Saudi envoy in Washington, the Obama administration promised to pursue the &#8220;toughest sanctions.&#8221; The reality: a New York Times headline sums up: &#8220;U.S. talks tough to Iran, but Holds Off on Harsher Moves.&#8221; The story goes on: &#8220;Despite issuing harsh calls for Tehran [...]]]></description>
			<content:encoded><![CDATA[<p><strong><img class="alignright" title="Iran Hostage Crisis 1979" src="http://blog.aynrandcenter.org/wp-content/uploads/2009/11/94726055_e70b3a444d_m.jpg" alt="" width="240" height="176" />The rhetoric:</strong> Following the busting of an Iranian plot to kill a Saudi envoy in Washington, the Obama administration promised to pursue the &#8220;<a href="http://www.nytimes.com/2011/10/14/us/obama-calls-for-iran-sanctions-following-alleged-plot.html">toughest sanctions</a>.&#8221;</p>
<p><strong>The reality:</strong> a <cite>New York Times</cite> headline sums up: &#8220;<a href="http://www.nytimes.com/2011/10/13/us/politics/us-increases-pressure-on-iran-but-holds-off-on-sanctions.html">U.S. talks tough to Iran, but Holds Off on Harsher Moves</a>.&#8221; The story goes on: &#8220;Despite issuing harsh calls for Tehran to be held to account, the Obama administration does not plan to shift its policy of pressure on the Iranian government.&#8221;</p>
<p>What&#8217;s fascinating here is twofold: (1) Iran is already enmeshed in an intricate web of &#8220;tough&#8221; sanctions going back many years, accomplishing little. (2) Even if <a href="http://blog.aynrandcenter.org/how-un-sanctions-benefit-iran/">truly effective</a> sanctions were an appropriate response (it&#8217;s not even <a href="http://blog.aynrandcenter.org/irans-strident-defiance/">remotely</a> enough), it&#8217;s utterly pathetic that the chances of actually imposing them are next to nil. That&#8217;s because Iran&#8217;s friends at the United Nations will likely undercut or scuttle a U.S.-led push for sanctions, just as they have done in the past.</p>
<p>Tehran is a regime that has already demonstrated a staggering degree of temerity and militancy: just think of its <a href="http://blog.aynrandcenter.org/where-we-stand-with-iran-30-years-after-the-hostage-crisis/">three-decades-long</a> record of lethal attacks on <a href="http://blog.aynrandcenter.org/irans-long-militant-tentacles-in-iraq-afghanistan/ ">Americans</a> and U.S. interests. What effect will U.S. rhetoric and non-action have on it? We&#8217;ve seen that movie before. That policy of appeasement through inaction has brought us here.</p>
<p>What we should do in response requires a separate discussion, but at minimum, contemplate what a truly resolute, self-assertive U.S. policy would begin with: a frank reckoning of Iran&#8217;s militant character and malignant goals. Establishing that kind of moral clarity is a necessary condition for enabling us to confront the threat from the regime.</p>
<p><small>image: <a href="http://www.flickr.com/photos/an0nym0usmuse/">flickr</a></small><small></small></p>
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		<title>Don’t be confused by the Occupy Wall Street protesters</title>
		<link>http://feedproxy.google.com/~r/VoicesforReason/~3/lpwgLyrFvvk/</link>
		<comments>http://blog.aynrandcenter.org/don%e2%80%99t-be-confused-by-the-occupy-wall-street-protesters/#comments</comments>
		<pubDate>Wed, 12 Oct 2011 22:05:21 +0000</pubDate>
		<dc:creator>Don Watkins</dc:creator>
				<category><![CDATA[Business & Economics]]></category>
		<category><![CDATA[Culture]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://blog.aynrandcenter.org/?p=9830</guid>
		<description><![CDATA[Here are my recent comments on the Occupy Wall Street protests: Some Americans have expressed sympathy with the Occupy Wall Street protesters because they oppose bank bailouts and the incestuous relationship between Washington and Wall Street. “Americans are understandably upset by what they see as ‘crony capitalism,’” said the Ayn Rand Center’s Don Watkins. “But [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://blog.aynrandcenter.org/wp-content/uploads/2011/10/ows.jpg"><img class="alignright size-medium wp-image-9832" title="ows" src="http://blog.aynrandcenter.org/wp-content/uploads/2011/10/ows-300x200.jpg" alt="" width="300" height="200" /></a>Here are my recent comments on the Occupy Wall Street protests:</p>
<blockquote><p>Some Americans have expressed sympathy with the Occupy Wall Street protesters because they oppose bank bailouts and the incestuous relationship between Washington and Wall Street.</p>
<p>“Americans are understandably upset by what they see as ‘crony capitalism,’” said the Ayn Rand Center’s Don Watkins. “But the real motive of the protesters is not to end ‘crony capitalism’&#8211;it’s to attack real capitalism and end whatever is left of it in America.</p>
<p>“For years, Washington has favored certain bankers by intervening in the market. But that has nothing to do with genuine capitalism. Capitalism means that the government does one thing&#8211;protects us from force and fraud&#8211;leaving us free to conduct our economic affairs as we see fit. A capitalist government doesn’t intervene to pick winners and losers, or to save companies from their mistakes.</p>
<p>“But the Wall Street protests aren’t calling for an end to government intervention in markets&#8211;they want to increase it. Most of them, for example, want to increase wealth redistribution in the name of fighting income inequality.</p>
<p>“Contrary to their rhetoric, they do not oppose the banks on the grounds that Wall Street is in bed with Washington. Notice, for instance, the plans to protest outside the home of investor John Paulson, who cannot be accused of getting government favors, and the lack of complaints about taxpayer money being poured into GM, Chrysler, and Solyndra. They chose to protest Wall Street because, whatever its flaws, it symbolizes genuine capitalism.</p>
<p>“What the protesters object to is not government stacking the deck to determine winners and losers. They just want the government to pick different winners and losers. They want to take the ‘capitalism’ out of ‘crony capitalism’&#8211;not the other way around.”</p></blockquote>
<p><small><br />
Photo: <a href="http://www.flickr.com/photos/kapkap/6189122974/sizes/l/in/photostream/">Paul Stein</a></small></p>
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		<title>New Forbes.com Column: What We Owe Steve Jobs</title>
		<link>http://feedproxy.google.com/~r/VoicesforReason/~3/q1lJZP1xKMo/</link>
		<comments>http://blog.aynrandcenter.org/new-forbes-com-column-what-we-owe-steve-jobs/#comments</comments>
		<pubDate>Thu, 06 Oct 2011 21:13:18 +0000</pubDate>
		<dc:creator>Don Watkins</dc:creator>
				<category><![CDATA[ARI/ARC news]]></category>
		<category><![CDATA[Business & Economics]]></category>
		<category><![CDATA[morality]]></category>
		<category><![CDATA[profit]]></category>

		<guid isPermaLink="false">http://blog.aynrandcenter.org/?p=9827</guid>
		<description><![CDATA[Forbes.com has published the latest column by Yaron Brook and me, &#8220;What We Owe Steve Jobs.&#8221; Watching the world mourn Steve Jobs, we are reminded of how massive crowds of Americans used to gather to celebrate the launch of a new bridge or a new railroad. There is a widespread recognition that Jobs was a creative [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://blog.aynrandcenter.org/wp-content/uploads/2010/05/small-Apple-logo1.png"><img class="alignright size-full wp-image-6374" title="small-Apple-logo" src="http://blog.aynrandcenter.org/wp-content/uploads/2010/05/small-Apple-logo1.png" alt="" width="119" height="169" /></a>Forbes.com has published the latest column by Yaron Brook and me, &#8220;What We Owe Steve Jobs.&#8221;</p>
<blockquote><p>Watching the world mourn Steve Jobs, we are reminded of how massive crowds of Americans used to gather to celebrate the launch of a new bridge or a new railroad. There is a widespread recognition that Jobs was a creative genius who changed our world profoundly and for the better. Even President Obama, not usually given to praising businessmen, said that Jobs “transformed our lives, redefined entire industries, and achieved one of the rarest feats in human history: he changed the way each of us sees the world.”</p>
<p>All of this raises an important and to-date unasked question: what do we owe Jobs and productive geniuses like him?</p></blockquote>
<p>You can read the entire column <a href="http://www.forbes.com/sites/objectivist/2011/10/06/what-we-owe-steve-jobs/">here</a>.</p>
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		<title>9/11–A Decade Later [video]</title>
		<link>http://feedproxy.google.com/~r/VoicesforReason/~3/2_oNtCBdrOk/</link>
		<comments>http://blog.aynrandcenter.org/911-a-decade-later-video/#comments</comments>
		<pubDate>Wed, 05 Oct 2011 17:36:39 +0000</pubDate>
		<dc:creator>Elan Journo</dc:creator>
				<category><![CDATA[ARI/ARC news]]></category>
		<category><![CDATA[Foreign Policy]]></category>
		<category><![CDATA[Arab spring]]></category>
		<category><![CDATA[Clare Lopez]]></category>
		<category><![CDATA[Daniel Pipes]]></category>
		<category><![CDATA[Diana West]]></category>
		<category><![CDATA[Efraim Karsh]]></category>
		<category><![CDATA[free speech]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[Islamic totalitarianism]]></category>
		<category><![CDATA[Israel]]></category>
		<category><![CDATA[John David Lewis]]></category>
		<category><![CDATA[libya]]></category>
		<category><![CDATA[Michael Rubin]]></category>
		<category><![CDATA[Palestinians]]></category>
		<category><![CDATA[Peter Brookes]]></category>
		<category><![CDATA[saudi arabia]]></category>
		<category><![CDATA[tunisia]]></category>
		<category><![CDATA[Walid Phares]]></category>
		<category><![CDATA[Yaron Brook]]></category>

		<guid isPermaLink="false">http://blog.aynrandcenter.org/?p=9812</guid>
		<description><![CDATA[Last month in Washington D.C., ARC hosted a symposium to explore American foreign policy in the post-9/11 decade. For those who were unable to attend live or to watch the live streamed video, below are the videos of the three panel discussions. Upheavals in the Middle East: Assessing the political landscape The Islamist Threat: From [...]]]></description>
			<content:encoded><![CDATA[<p>Last month in Washington D.C., ARC hosted a <a title="Sept. 11---A decade later: lessons for the future" href="http://blog.aynrandcenter.org/sept-11-a-decade-later-lessons-for-the-future/">symposium to explore American</a> foreign policy in the post-9/11 decade. For those who were unable to attend live or to watch the live streamed video, below are the videos of the three panel discussions.</p>
<p><strong>Upheavals in the Middle East: Assessing the political landscape</strong><br />
<iframe src="http://www.youtube.com/embed/macoMMlnlMc" frameborder="0" width="560" height="315"></iframe></p>
<p><strong>The Islamist Threat: From AfPak to Jyllands-Posten and Times Square</strong><br />
<iframe src="http://www.youtube.com/embed/uZgVu5wziTo" frameborder="0" width="560" height="315"></iframe></p>
<p><strong>Iran, Israel and the West</strong><br />
<iframe src="http://www.youtube.com/embed/1CiqOoNoQmo" frameborder="0" width="560" height="315"></iframe></p>
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		<title>Watch ARC speakers during “Capitalism Awareness Week”</title>
		<link>http://feedproxy.google.com/~r/VoicesforReason/~3/Y_vlUTGacew/</link>
		<comments>http://blog.aynrandcenter.org/watch-arc-speakers-during-capitalism-awareness-week/#comments</comments>
		<pubDate>Wed, 28 Sep 2011 00:30:11 +0000</pubDate>
		<dc:creator>Rituparna Basu</dc:creator>
				<category><![CDATA[ARI/ARC news]]></category>
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		<guid isPermaLink="false">http://blog.aynrandcenter.org/?p=9773</guid>
		<description><![CDATA[Over the next week, ARI speakers will participate in “Capitalism Awareness Week.&#8221; Capitalism Awareness Week is being spearheaded by the student publication The Undercurrent, and will feature a series of events at college campuses addressing what capitalism really is and how our country would be far more prosperous and just if markets were free. Tonight [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://blog.aynrandcenter.org/wp-content/uploads/2011/09/New_york_skyline_small.jpg"><img class="alignright size-medium wp-image-9804" title="New_york_skyline_small" src="http://blog.aynrandcenter.org/wp-content/uploads/2011/09/New_york_skyline_small-300x95.jpg" alt="" width="300" height="95" /></a>Over the next week, ARI speakers will participate in “Capitalism Awareness Week.&#8221; Capitalism Awareness Week is being spearheaded by the student publication <em>The Undercurrent</em>, and will feature a series of events at college campuses addressing what capitalism really is and how our country would be far more prosperous and just if markets were free.</p>
<ul>
<li>Tonight Yaron Brook will debate Dane Smith, the president of Growth and Justice, on whether regulating capitalism is a moral necessity or moral treason.</li>
<li>On Thursday, Sept. 29, Don Watkins will tackle America’s entitlement crisis and answer whether the entitlement state and its leading programs—Medicare, Medicaid, and Social Security—can and <em>should </em>survive.</li>
<li style="text-align: left;">On Tuesday, Oct. 4, John Allison, an ARI board member and retired chairman and CEO of BB&amp;T Corporation, will discuss the causes, consequences, and cures of the recent financial crisis.</li>
</ul>
<p>The best part is: all of these events will be streamed live over the web. So be sure to check them out!</p>
<p>More information can be found at <a href="http://capitalismweek.org" target="_blank">capitalismweek.org</a> (which is also where the events can be streamed live).</p>
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