Synopsis: Today on the podcast, Michael Covel speaks with Yaron Brook. Brook is the president and executive director of the Ayn Rand Institute. Covel early on was introduced to Ayn Rand’s work by famed trend trader Ed Seykota. Over the years Covel has come to appreciate that numerous top traders and entrepreneurs cite Rand’s work as inspirations in their careers. Covel and Brook discuss trading; the nature of altruism; the idea and definitions of selfishness in the context of objectivism; the power of ideas; the idea of being a victim; schools, teaching, and political teaching; entitlement leading to victimhood; the rise of state power, the ambitious poor, and the minimum wage; free work and internships; Alan Greenspan; and America compared to Singapore. More on Yaron Brook: http://en.wikipedia.org/wiki/Yaron_Brook. Receive a free trend following DVD: trendfollowing.com/win.