Monday, August 10, 2026

Objectivist Round-up, Mid-August

1. Someone posted what Leonard Peikoff said years ago on his podcast concerning Alan Greenspan (the context was the apparent admission by Greenspan that free enterprise and de-regulation were in part responsible for the 2008 economic crash):

This is a question on which I have deliberately been silent for decades, and I'm not going to go into a torrent of denunciation here, but I will say something briefly.

All I can do is give you some observed facts through the years. In the 1950s, which is when I knew Alan, he was a totally different person from what he obviously is today. He's just not the same person now. I'll give you a personal biographical touch that I guess would be relevant here. In the early days, when both Alan and I were getting to know Ayn Rand, she observed that there was a difference between us, that we both committed a certain error in opposite directions. I gave too much emphasis to the moral and not enough to the practical, and Alan gave too much emphasis to the practical and not enough to the moral. She told us we each had to work to correct this error and not separate mind and body.