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More oxford <strong>books</strong> @ www.OxfordeBook.<strong>com</strong><strong>Fore</strong> <strong>more</strong> <strong>urdu</strong> <strong>books</strong> <strong>visit</strong> <strong>www.4Urdu</strong>.<strong>com</strong>A ROUND UNIVERSE 143free market a wily <strong>com</strong>petitor would always undercut any attempt toestablish artificially high prices. True monopoly prices could arise onlyif another party, such as the government, raised barriers to entry intothe market, thereby preventing <strong>com</strong>petition. Accordingly, antitrust lawswere misguided and dangerous attempts to solve a problem that hadbeen created in the first place by the state. 28 Rand now had two argumentsto deploy against antitrust. The first was her moralistic argumentthat antitrust laws unfairly punished the successful. The secondwas Mises’s contention that monopolies were not the fault of business,but of government regulation. Rand could therefore cite monopolies asevidence that the United States had never experienced true free- marketcapitalism. As Paterson had before, Mises helped Rand strengthen,define, and defend her ideas.Cultural connections also bound the two. Mises was about twentyfiveyears older than Rand, but they both hailed from the same cosmopolitanEuropean Jewish milieu. His Viennese family was similar tothe Rosenbaums in many respects, secular yet conservative, cultured yet<strong>com</strong>mercial. Mises had fled Austria in advance of the Nazis, an experiencethat profoundly shaped his views of the state. His style also suggesteda model for Rand. He was famous for his Thursday eveningPrivatseminar, where curious NYU students mingled with libertariansof all ages, including the occasional famous <strong>visit</strong>or, such as the actorAdolph Menjou. Mises was formal and reserved toward his students,who in turn treated him reverently. Discussions were often so intensethat the group typically reconvened at a nearby restaurant, with a numberof students carrying on discussion without the professor until latein the night. Snubbed by the American intellectual establishment, Miseshad nonetheless managed to establish himself as the leader of a smallmovement.Soon Rand had her own salon to match Mises’s. As she grew closerto Nathan and Barbara, Rand became ensconced within a new surrogatefamily, a tight kinship network consisting primarily of the couple’srelatives and friends. The group included Barbara and Nathan’s cousins,Leonard Peikoff and Allan Blumenthal, Nathan’s sister and her husband,Elayne and Harry Kalberman, Barbara’s childhood friend Joan Mitchell,and Joan’s college roommate, Mary Ann Rukovina. Joan’s boyfriendand briefly her husband, Alan Greenspan, was also a regular. Many were

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