Nicole Gelinas | |
---|---|
Born | June 13, 1975 |
Nationality | American |
Alma mater | Tulane University |
Occupation(s) | Journalist, Author |
Years active | 2000–present |
Employer | Manhattan Institute for Policy Research |
Website | https://manhattan.institute/person/nicole-gelinas |
Nicole Gelinas (born June 13, 1975) [1] is an American conservative journalist, Chartered Financial Analyst, editor for the New York Post , and senior fellow of the Manhattan Institute for Policy Research. [2]
Gelinas received a B.A. in English literature from Tulane University. [3] She considered becoming a teacher, but decided against it and has been critical of the American school system, specifically low teacher salaries and bad teaching conditions. [4]
After the 2007–2008 financial crisis, Gelinas wrote her first book, After the Fall: Saving Capitalism from Wall Street — and Washington. [5] As of 2019 [update] , she was writing a book about "the past five decades of New York City transportation history". [6] She has authored columns in many papers, such as The New York Times , [7] The Los Angeles Times , [8] City Journal , [9] U.S. News & World Report , [10] City & State , [11] The Wall Street Journal, [12] The Atlantic , [13] The Daily Beast , [14] National Affairs , [15] American Banker , [16] and Business Insider . [17] [18]
In 2011, she gave a speech to the United States House Oversight & Government Reform Subcommittee during a discussion on State Government Debt and Municipal Bonds. [19] She has appeared in 2 of PragerU's "5-Minute Videos" discussing economics from a conservative perspective. [20] She was also interviewed for the 2011 documentary, Ayn Rand & the Prophecy of Atlas Shrugged. [21]
In her book, After the Fall, Gelinas states that two decades of broken regulation and the federal government's adoption of a "too big to fail" policy for the largest or most complex financial companies, intervention eventually posed an untenable risk to the economy. [22] She states that bad banks should indeed be allowed to fail, rather than being sustained, thereby allowing bad practices which led to failure to continue. [23] Following state government deficit spending during the recession, she asserted that "At some point, the checkbook has to balance. At some point, they'll run out of things to securitize or sell off." [24] Proposing an alternative plan, she suggested "Congress should instead follow the regulatory philosophy that served the nation well for 50 years after the Depression: Set consistent limits on borrowing across similar financial instruments, no matter what their perceived risks." [25]
In addition to her anti-government intervention views in the financial sector, Gelinas has also been a supporter of lower government spending, including in the public sector. Citing New York MTA worker benefits and pensions, she has stated that certain government projects spend money where it is not affordable to do so and that it is necessary to "[get them] in line with fiscal reality." [26] She has criticized President Obama for his Home Affordable Modification Program that spent $75 billion to help financially struggling families to keep their homes, saying that "the Treasury, in trying to keep people in homes they can't afford, is relying on the same perverse principle that inflated the housing bubble in the first place... that it's fine to borrow recklessly... Trying to maintain a bubble mentality, rather than help people adjust to life after the bubble has burst, will hobble economic recovery." [27]
Although currently residing in New York, Gelinas grew up in the Boston area. [28] She went to Chelmsford High School. [29]
Alice O'Connor, better known by her pen name Ayn Rand, was a Russian-born American author and philosopher. She is known for her fiction and for developing a philosophical system she named Objectivism. Born and educated in Russia, she moved to the United States in 1926. After two early novels that were initially unsuccessful and two Broadway plays, Rand achieved fame with her 1943 novel The Fountainhead. In 1957, she published her best-selling work, the novel Atlas Shrugged. Afterward, until her death in 1982, she turned to non-fiction to promote her philosophy, publishing her own periodicals and releasing several collections of essays.
Objectivism is a philosophical system named and developed by Russian-American writer and philosopher Ayn Rand. She described it as "the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute".
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The Ayn Rand Institute: The Center for the Advancement of Objectivism, commonly known as the Ayn Rand Institute (ARI), is a 501(c)(3) nonprofit think tank in Santa Ana, California, that promotes Objectivism, the philosophy developed by Ayn Rand. The organization was established in 1985, three years after Rand's death, by businessman Ed Snider and Leonard Peikoff, Rand's legal heir.
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Atlas Shrugged is a 1957 novel by Ayn Rand. It is her longest novel, the fourth and final one published during her lifetime, and the one she considered her magnum opus in the realm of fiction writing. She described the theme of Atlas Shrugged as "the role of man's mind in existence" and it includes elements of science fiction, mystery and romance. The book explores a number of philosophical themes from which Rand would subsequently develop Objectivism, including reason, property rights, individualism, libertarianism and capitalism, and depicts what Rand saw as the failures of governmental coercion. Of Rand's works of fiction, it contains her most extensive statement of her philosophical system.
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