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September 17, 2007

News & Opinion: Greenspan's inspiration

By: 800-CEO-READ @ 5:42 AM – Filed under: Current Events & Public Affairs, Management & Workplace Culture

Greenspan was a big fan of Atlas Shrugged -- a book some consider to be one of the most influential business books ever written. Many have criticized the book for encouraging selfishness. Yet, Greenspan refuted it in a letter to the NYTimes in 1957:
'Atlas Shrugged' is a celebration of life and happiness. Justice is unrelenting. Creative individuals and undeviating purpose and rationality achieve joy and fulfillment. Parasites who persistently avoid either purpose or reason perish as they should.
You'll find he's not the only famous businessman who learned from and enjoyed Ayn Rand's novel. p.s. If you haven't heard, Greenspan's memoir The Age of Turbulence is due out today.