“The reason to live Rand’s philosophy isn’t that it’s good for the world. That’s altruism talking. The reason is that it’s in your own best interest to live Rand’s philosophy. Do you want to have integrity? Do you want to devote yourself to creative, constructive work? Do you want to be happy and wealthy as a result?…We’ll help you by showing you how others have done it, by profiling both the heroes who make our world great and the villains out to destroy it.”
I Am John Galt is, for any Ayn Rand fan, a title that just has to be owned and it found its way on to my “to read” bookshelf. I hesitated at first and it sat on my shelf for some time. I wanted it, but was wary that it would disappoint. I was fortunately wrong…very very wrong. Authors Donald Luskin and Andrew Greta gave us a book worthy of Ayn Rand. The book was awesome. Though it advertises links to Atlas Shrugged it also pulls from her other seminal work, The Fountainhead.
The authors identify characters from both novels who are manifested by today’s heroes and villains. Heroes like well known Steve Jobs and Bill Gates share the pages with lessor known John Allison and T.J. Rodgers are contrasted with parasites like Barney Frank, Angelo Mozilo, and Paul Krugman. This book also provides a very clear explanation of what happened to the global economy in 2008 and names names of the architects of the downfall.
I don’t think that you have to have read both Atlas Shrugged and The Fountainhead to enjoy this book. The authors do provide a synopsis of the main characters in each chapter. I am not sure why you wouldn’t read them. Why not buy all three and use your winter time wisely. Shedding light on the moochers can only lead toward their demise. This is one of those books that has earned its stay on my keeper shelves. I have so many yellow post-it notes marking key passages that I now need to go out and buy some more.
With that I’ll leave you with a few quotable quotes from the book to entice you into following the Amazon book link and buying a copy yourself;
“There’s a way to solve every dilemma of that kind…Check your premises. In this case, the implicit premise is that government subsidies ought to help businesses prosper. But just the opposite is true: Subsidies corrupt businesses, virtually guaranteeing that they will be run ‘into the ground.”
“Rodger’s in-your-face defense of his moral ground and living a life that simply honors the truth hasn’t been without consequences. ‘These are my lawsuits,’ Rogers says pointing to the opposite wall covered with over a dozen black-and-white documents. ‘I always frame them.’ And he refuses to settle or be blackmailed into compromising his principles – no matter how drawn-out or expensive the ordeal.”
And finally from Milton Friedman…
“There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost. Then, I can spend somebody else’s money on myself. And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch! Finally, I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government. And that’s close to 40% of our national income.”