AYN RAND KILLED SEARS - "You might say that Lampert is the distillation of the fervent market worship and wrong-headed economic approaches that came to dominate the U.S. in the 1980s and have yet to run their fatal course. He adores Ayn Rand, and is reported to have given out copies of Atlas Shrugged during an ESL annual dinner. Lampert is also a fan of Friedrich von Hayek, the Austrian economist beloved by conservatives and libertarians. As a Robert Rubin protégé, he absorbed the lessons of a man whose discredited economic focus on budget deficits ended up starving the country’s infrastructure, education and alternative energy. Looking at what Lampert has done to Sears, we can see what happens when the lessons of his mentors are actually applied in the real world."
Posted on: Thu, 18 Jul 2013 23:42:53 +0000
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