Saturday, September 27, 2003

A little John Galt for ya

"We, who live by values, not by loot, are traders, both in matter and in spirit. A trader is a man who earns what he gets and does not give or take the unearned."
--From Ayn Rand's Atlas Shrugged.

Comment of Tibor Machan from his book Ayn Rand:

"A close look should make clear that this conception of trade has nothing to do with the homo economicus conceptions of human relationships. There is nothing purely materialistic in the trader image of man in Rand's viewpoint. For Rand, emphasis is on the terms of human relationships, not on their motivation or the alleged economic impetus for all human conduct. A Rational egoist is not a utility maximizer, a calculating hedonist, but an individual who acts on principle, by reference to a code of values that is not reducible to, but merely subsumes (within a certain social domain), market values."

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