Question

“America’s abundance was created... by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes... They gave the people better jobs, higher wages, and cheaper goods with every new machine they invented, with every scientific discovery or technology advance—and thus the whole country was moving forward and profiting, not suffering, every step of the way.”—Ayn Rand,

Capitalism: The Unknown Ideal

Based on the previous quote, which policy would Ayn Rand most likely support?
A. A policy that limits competition and allows existing businesses to enjoy greater profit
B. A policy that redistributes the wealth of entrepreneurs to other citizens
C. A policy that supports entrepreneurs by building incentives to create new jobs
D. A policy that creates new government jobs with higher wages

Answer 1

Your answer would be A. A policy that supports entrepreneurs by building incentives to create new jobs.

Answer 2

Based on Ayn's quote it seems that he would agree with A) a policy that supports entrepreneurs by building incentives to create new jobs. He thinks that individual interests, competition and private initiative are key factors in creating economic wealth. He would support a lasseiz-faire type of economy where the private sector is the most important actor and entrepreneurs can thrive and be rewarded by their efforts.