Toronto Star Plays Fair: Greenspan No Acolyte of Ayn Rand's
October 27, 2008 by Paul McKeever
Readers of my blog will know that my most recent entry concerned a Toronto Star editorial that erroneously implied that Alan Greenspan’s role in the credit crisis was due to his being influenced by Ayn Rand. The clear implication was that the crisis was caused by the laissez faire capitalism espoused by Rand. I wrote a letter to the editor, and suggested others do so as well.
I am pleased to write that the Toronto Star today published not only my letter to the editor, but another written by a fellow in Toronto, both of which explained that Greenspan’s ideology – in his role as head of the Fed – was not that of Ayn Rand. Best of all, the headline for those letters was:
There were an number of other articles under that heading that, though not referring to Rand, did explain that government intervention, not capitalism, was to blame for the credit crunch.
The editorial should never have been published, but I think the Star has played fair by publishing these letters.