"Giving up her royalties to preserve her vision is something that no genuine capitalist, and few popular novelists, would have done."
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Book Review - ‘Ayn Rand and the World She Made,’ by Anne C.Heller - NYTimes.com
Rafer sez:
This reviewer needs to stick to literature and leave economics to other people. She gave up $.07 per book to avoid a large editing change. Her reasoning is unknown. A ‘genuine capitalist’ will often lower prices in order to improve other more critical metrics like total revenue, profit, etc., if the tradeoff is likely to create a better outcome.
#EconFAIL
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