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Economic view narrow

Tue., May 19, 2009

The Spokesman-Review

Bertel Olson on May 14 is to be commended for his service to the country. Others of us were also soldiers and did not view conflicts from his point of view. Some of us served not against “isms” but against aggression committed against our nation.

Also, his view about current economic philosophies is faulty. Milton Friedman of the University of Chicago was a fan of novelist Ayn Rand, whose ultraconservative views were recently proved erroneous when her good friend Alan Greenspan, who was a student of Friedman, admitted that it was a disaster for our country. He apologized for his part in it.

To suggest that anything other than Rand’s objectivism is socialism is a very narrow and dangerous path for our nation to follow.

James Foley

Coeur d’Alene

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