EP:25 - The Afghan & Real Estate Bubbles

Published in 1957, 'Atlas Shrugged' is Ayn Rand's magnum opus and her longest novel. The story is set in a dystopian United States where increasingly burdensome laws and regulations strangle innovation and productivity. The plot follows Dagny Taggart, a railroad executive, and Hank Rearden, a steel magnate, as they struggle against 'looters' who exploit their work. A mysterious figure named John Galt leads a strike of productive individuals, persuading them to abandon their companies and disappear. The novel culminates with Galt's three-hour radio speech explaining his philosophy of Objectivism, which emphasizes rational self-interest, individual rights, and the importance of the human mind. The book explores themes of capitalism, property rights, and the failures of governmental coercion, presenting a provocative vision of a society in collapse and the potential for a new capitalist society based on Galt's principles.

The Afghanistan Papers is a non-fiction book that exposes the U.S. government's decades-long failures in Afghanistan. Based on leaked documents and interviews, the book reveals a pattern of deception and misrepresentation regarding the war's progress and objectives. The authors detail how U.S. officials consistently downplayed the challenges and overstated their successes, leading to a prolonged and ultimately unsuccessful military campaign. The book raises serious questions about government transparency and accountability, and its impact on public trust. The Afghanistan Papers provides a critical examination of the war's history and its lasting consequences.

Dreamland by Sam Quinones tells the story of two powerful drug industries—that of prescription opiates and black tar heroin—driven by capitalism and greed. The book examines how the medical community's shift towards pain relief, fueled by pharmaceutical companies like Purdue Pharma, and the influx of black tar heroin from Mexico, contributed to the opiate epidemic. Quinones uses personal anecdotes, historical context, and a cast of characters including pharmaceutical pioneers, Mexican entrepreneurs, and narcotics investigators to illustrate the catastrophic impact on American communities. The book also highlights the role of community in recovery and the need for addressing the underlying social and economic issues that contributed to the epidemic.