Skip to main content

House Budget Committee Chairman Paul Ryan (R-WI) listens to testimony during a hearing on
Paul Ryan thinks about Ayn Rand. (But shh, he doesn't want anyone to know.)
Republican budget boy Paul Ryan just keeps trying to pretend that Ayn Rand is not one of the most important influences on his economic views. Ryan recently came up with a list of his six favorite books about economics and democracy, and, Jonathan Chait points out:
... [Atlas Shrugged,] the volume that Ryan once handed out to all his staffers, listed as one of his three most frequently reread books of any kind and cited as the entire reason he got into public service, no longer makes the top six list of books on politics and economics.
So that's convincing. Meanwhile, Chait argues that:
More interesting—and revealing of the direction Ryan is headed—are the final two books Ryan does name: The Way the World Works by Jude Wanniski and Wealth and Poverty by George Gilder. I have read both. Wealth and Poverty is a weird, rambly, mostly unoriginal recitation of free-market homilies whose influence largely derives from the fact that it came out just as Ronald Reagan swept to power and was thus seen as an intellectual manifesto for the new Republican Party. The Way the World Works is a novel argument that the entire history of the world can be explained by changes of tax rates. The fall of the Roman Empire, the rise of the Nazis — Wanniski attempts to explain it all as a result of taxes. It is a work of genuine derangement on the same intellectual level as the sorts of unpublishable hand-scrawled diatribes that I used to scan through when I sorted the mail as a magazine intern.
The foremost budget wonk of the Republican Party, ladies and gentlemen!

Originally posted to Laura Clawson on Tue Aug 26, 2014 at 09:44 AM PDT.

Also republished by Daily Kos.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site