Rand and monopoly
One of the things about which Ayn Rand had something to say in one of her essays on capitalism was the emergence of monopoly. It is clear she had not grasped some of its essential features.
One of the things about which Ayn Rand had something to say in one of her essays on capitalism was the emergence of monopoly. It is clear she had not grasped some of its essential features.
Modern airborne gravity relies largely on measurements of gravity gradients. Given how very small the signal will inevitably be, it is clear that measuring it is bound to be very, very difficult. Nevertheless, it was being done in Australia in the late 1920s with some success.
Ayn Rand was fond of claiming that if a businessman made a mistake, he suffered the consequences. We shall see how that works out for the executives and board of Crowdstrike. The precedents are not encouaging.
When Rose de Freycinet’s mother opened her school for young ladies in 1803, she did so with the aid of a loan of 500 francs from the Abbé Sicard. When, fourteen years later, the school closed, she found a retirement refuge in the Abbaye aux Bois. Abbé to Abbaye, surely there must be some link between the two? If so, it is hard to find.
In the Preface to the report in the Imperial Geophysical Experimental Survey in Australia in the late 1920s and early 1930s, a few unforgettable names were listed. Attached to the survey was ‘J. M. Rayner, of the New South Wales Department of Mines’, and moving to the lower echelons, the Electrical Section had a field assistant called R. F. Thyer, while designated as a Temporary Assistant was one N.H Fisher.
Ayn Rand was a great one for setting up ‘straw man’ imagined futures, as a way of showing how terrible things would be if her precepts were not followed. It seems fair enough, therefore, to play that same game with her imagined future, as presented in ‘Atlas Shrugged’ and imagine what would have happened next.