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More oxford books @ www.OxfordeBook.com<br />

EPILOGUE: AYN RAND IN AMERICAN MEMORY 283<br />

river to break loose and crush every impediment to its free running.<br />

I understood that nothing stood between me and my greatest desires—<br />

nothing between me and greatness itself—but the temptation to doubt<br />

my will and bow to councils of moderation, expedience, and conventional<br />

morality, and shrink into the long, slow death of respectability.<br />

That was where the contempt came in.” 8 Wolff was not the only writer<br />

to fi nd Rand an irresistible target for parody. The cape, the ivory cigarette<br />

holder, the dollar-sign pin—she is a satirist’s dream come true. In<br />

Mary Gaitskill’s Two Girls, Fat and Thin, she is the stern Anna Granite,<br />

founder of “Defi nitism,” while Murray Rothbard mocked her as Carson<br />

Sand in Mozart Was a Red. 9<br />

That Rand had spawned a veritable genre of parodists spoke to her<br />

continued appeal. Twenty years after her death she was selling more<br />

books than ever in her life, with Atlas Shrugged alone averaging sales<br />

of more than one hundred thousand copies per year. These fi gures kept<br />

her from fading out of public memory, as did her connection to Alan<br />

Greenspan, her most famous protégé. As Greenspan’s star rose, so did<br />

Rand’s. Profi les and biographies of Greenspan inevitably lingered over<br />

his time spent by her side, and enterprising reporters even exhumed<br />

Greenspan’s Objectivist Newsletter articles for clues about his intellectual<br />

development.<br />

The fi nancial crisis of 2008 ushered in a new Rand, one stripped of<br />

historical context and at times mythic in stature. She suddenly became<br />

a favored citation of the left, who saw in her ideas about free markets<br />

and selfi shness the roots of economic devastation. Greenspan’s startling<br />

admission that he “found a fl aw” in his ideology offered the ultimate<br />

proof for this line of reasoning. To these criticisms Rand’s followers had<br />

a ready answer, the same one she herself would have proffered. True<br />

capitalism has never been known, the Objectivists cried, and it is the<br />

statist economy that collapsed, not the free one. Rather than cause libertarians<br />

and Objectivists to recant their beliefs overnight, for many the<br />

fi nancial meltdown simply confi rmed the predictive powers of Rand’s<br />

work. Yaron Brook, ARI’s director, summarized the reaction: “We’re<br />

heading towards socialism, we’re heading toward more regulation.<br />

Atlas Shrugged is coming true.” This understanding was not confi ned to<br />

Objectivist circles. Sales of Atlas Shrugged spiked in 2008 after the U.S.<br />

Treasury bought stakes in nine large banks and again in 2009 when the<br />

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