The economic right may believe religiously in their moral view of wealth, but we do not have to respect it as we might respect religious faith. For it does not transcend--perhaps no religion should transcend--empirical scrutiny. On the contrary, this conservative view, the Randian inversion of the Marxist worldview, rests upon a series of propositions that can be falsified by data.
He then goes on to show exactly how the Randian worldview fails. This reminds me just how good Chait can be.