Spring 2009 • Vol. 4. No. 1

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From the Editor, Spring 2009

Welcome to the Spring 2009 issue of TOS. Here is an overview of the content at hand. First up is my interview with Yaron Brook about Ayn Rand’s Atlas Shrugged and current events, in which Dr. Brook explains why, more than fifty years ago, Rand was able to project the kinds of crises we are seeing today. “America’s Unfree Market” by Dr. Brook and Don Watkins demonstrates the actual nature of the allegedly free market that delivered the current mayhem. “Altruism: The Moral Root of the Financial Crisis” by Richard M. Salsman zeros in on the fundamental cause of the problem, showing that widespread acceptance of the morality of self-sacrifice necessitated the kinds of laws, regulations, and decisions that have driven the financial markets into the gutter. “Lest We Be Doomed to Repeat It: A Survey of Amity Shlaes’s History of the Great Depression” by Ari Armstrong provides an essentialized chronology of the era, focusing on the (ominously familiar sounding) policies of Herbert Hoover and Franklin Delano Roosevelt. “Houston, We Have a (Zoning) Problem” by J. Brian Phillips demonstrates that Houston’s absence of zoning laws is largely responsible for the city’s relative health and prosperity,. . . Continue »

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