Michael takes the podcast back to 1959 with an interview between Mike Wallace and Ayn Rand. Wallace and Rand focus on her ‘revolutionary’ view on the world. Rand capsulizes her views as a philosophy based on objective reality. She expands on a new code of morality centered around mans life as a standard of value. This means that a mans highest moral purpose is the achievement of his own happiness and each man must follow his own rational self interest.
Atlas Shrugged demonstrates Ayn Rand’s philosophy in human terms. Rand and Wallace briefly touch on many subjects such as; self sacrifice, love, altruism, the democratic system, and welfare.
Michael wraps up the podcast by summarizing the interview and comparing it to life in 2016. He talks about the importance of leaving his own impact on the world and how necessary logic and reasoning is to being successful.
In this episode of Trend Following Radio:
- Man’s morality
- Self sacrifice
- Free and unregulated economies
- Capitalism with government help
- Depressions due to government interference
- Strategic decision making
“Man is entitled to his own happiness but he must achieve it himself. He cannot demand that others give up their lives to make him happy.” – Ayn Rand
“I have no faith at all, I only have convictions.” – Ayn Rand