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Reagan aide disqualifies himself from the conversation

I hope I’m not being narrow-minded, but it seems to me there is a small number of enthusiasms that immediately disqualify those who indulge them as serious thinkers or policymakers.  When you learn that your Federal Reserve Chairman was an acolyte of Ayn Rand, for example, or that someone in Congress involved with budget policy remains a Rand devotee, you know instantly something’s gone terribly wrong.  You might even begin wondering whether this isn’t some monstrous financial equivalent of Caligula’s appointing a horse to the Roman Senate – or a ‘Rand’ to the American one.

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