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Ayn Rand

In her first notes for The Fountainhead, Ayn Rand describes its purpose as “a defense of egoism in its real meaning . . . a new definition of egoism and its living example.” She later states its...

Fischer Black

Throughout his career Fisher Black has described a view of business fluctuations based on the idea that a well-developed economy will be continually in equilibrium. In the essays that constitute this...