Linda Y. Li

Linda Y. Li is a Prospect intern.

Recent Articles

Atlas Drugged

Her fans still find her intoxicating, but will the right ever truly embrace Ayn Rand?

David Boaz read all 1,168 pages of Atlas Shrugged in four days during his senior year of high school. "It was the most fascinating thing I'd ever read," he announced to the Cato Institute audience. As Cato's executive vice president, Boaz launched last week's Ayn Rand book forum with a clarion call for "individual rights, free enterprise, and strictly limited government." Conservative groups of every stripe were represented: the gun-toting U.S. Bill of Rights Foundation; the protectionist Manufacturers Alliance; and the Atlas Society, heir to the original Objectivist Institute. These varied delegates all could pinpoint the feverish moment in their adolescence when they experienced a Randian epiphany. One audience member testified that he, too, "was one of those 19-year-olds" who discovered The Fountainhead and thought he was "the only rational person on the earth." The publication of two new Rand biographies by Jennifer Burns and Anne Heller coincides with Rand's apparent resurrection...

How Will World Leaders Fix the Financial Mess?

Economist Ken Rogoff previews the agenda at this week's G-20 Summit.

Editors' Note: This piece has been corrected . This week, the leaders of the world's 20 largest economies will gather in Pittsburgh with an ambitious agenda: strengthening international financial regulation, coordinating economic recovery, and financing the most vulnerable developing countries. Given the history of ineffective economic coordination among world leaders, from the Basel II Accord in 2004 to the current trade negotiations of the Doha Development Round, it's no wonder that expectations for this summit are low. The G-20, however, has already brought about unprecedented levels of cooperation among its members to fight the global recession through large-scale fiscal expansion and resources committed to the International Monetary Fund. The group is now poised to take center stage for guiding global financial reform. Harvard professor Ken Rogoff, former chief economist of the IMF, talked to the Prospect about the underlying issues dividing the leading economies of the world. An...