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Objectivism

The fundamental belief of this philosophy is that self-interest is a normal human state and interventionism by the government is unnatural and evil.

Wall Street

This refers to the financial district of New York City, where the rich and powerful were the perpetrators of the fraud and criminal activities that led to the assault on the economy.

Federal Reserve

According to the author, Alan Greenspan's twenty-year tenure as head of this organization had a devastating and long-lasting impact on the nation's economic decline.

Economic Bubble

The housing-market collapse and the dotcom collapse both led to the 2008 financial crises and presented a false image of prosperity.

Atlas Shrugged

This novel, written by Ayn Rand, was the basis for Alan Greenspan's libertarian policies that led to dangerous deregulation.

The Collective

This refers to Ayn Rand's inner-circle of intellectuals who defended self-interest and detested government regulation and taxation.

Glass-Steagall Act

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