Mike Wallace’s Interview with Ayn Rand

CBS’s Mike Wallace interviewed Ayn Rand, the author of Atlas Shrugged and The Fountainhead, in 1959. I found the interview utterly fascinating.

In Part One of the interview, she discusses the conflict between a society whose morality is based on faith and self-sacrifice for one’s fellow man (conventional thought) vs. morality founded solely on reason and selfishness (Rand’s objectivism):

In Part Two of the interview, Rand argues in favor of a separation between state and economics (laissez-faire government):

In Part Three of the interview, she contends that the only solution is a market free of government interference:

“I have no faith at all, I only hold convictions.” Wow, it takes guts to believe in a statement like that so firmly.

At a time when women did not have many prominent voices, Ayn Rand was a luminary and a courageous trailblazer.

With that said, I’m curious to know what she would have to say about the current economic recession. Fifty years ago, she called for absolute deregulation. Look at how well that’s turned out.