She knew how to make an entrance. Her dark hair cut in a severe pageboy, Ayn Rand would sweep into a room with a long black cape, a dollar-sign pin on her lapel and an ever present cigarette in an ivory holder. Melodramatic, yes, but Rand didn't have time to be subtle. She had millions of people to convert to objectivism, her philosophy of radical individualism, limited government and avoidance of altruism and religion. Her adoring followers--some called them a cult--revered her as the high priestess of laissez-faire capitalism until her death in 1982 at age 77.
The bad economy has...