Volume 11, Number 11, November 2005 Schwartz’s Tenure $1 Million Matching Fund for on ARI Board the Free Books Project

Comes to a Close or a limited time ARI donors can support the sponsorship was Lin Zinser. Ms. Zinser runs an Statement from Peter Schwartz FFree Books to Teachers project at half the study group that occasionally brings normal cost. This opportunity has been made in Objectivist intellectuals to give supper talks in fter nineteen possible by the $1 million gift (announced in the Denver, Colorado. “Ayears on the August issue of Impact) that was donated to help When Ms. Zinser initiated the joint sponsor- Board of Directors, I have fund the Institute’s Free Books project. The gift ship, part of the state had already been sponsored decided to resign. ARI has will be used as a matching fund: for example, if so she set herself the goal of raising the $11,000 grown enormously since supplying books to a given city costs $10,000 necessary to cover the rest of Colorado. That goal its inception, and I’ve and an ARI donor can contribute $5,000, the fund was achieved in about seven weeks. ARI applauds enjoyed my role in that will match that amount dollar-for-dollar. This Ms. Zinser (and her co-contributors) for helping to progress. I want to offer opportunity will be available until the $1 million bring ’s books to Colorado schools. my gratitude to my fellow gift has been fully allocated. Several years ago a group of Impact readers in board members, the ARI The matching fund is open only to new spon- Texas likewise pooled their resources in order to staff and our donors for sors of the Books project; if you have already fund the Free Books to Teachers project in Houston. all their efforts in making the Institute a success. sponsored the Books project you can use the fund If you would like to sponsor a region but are I will continue to work with and for the Institute to help sponsor any new areas you wish to add to unable to cover the entire cost, ARI encourages on a range of projects. I plan to be no less actively those areas you are already sponsoring. you to consider a joint sponsorship. (ARI may involved in achieving our goal of spreading Objec- The Free Books project was begun in 2002 know of other individuals who would like to help tivism; I will simply be doing so from a different and has grown phenomenally since then. Under sponsor the same region as you; please contact us vantage point.” the project, ARI sends free copies of The Foun- for information.) * * * tainhead and Anthem to high school English * * * teachers who would like to teach these novels but ARI recently sent sample copies of The Fountain- are unable to for lack of school funding. Teach- head and Anthem to more than 400 high school A Conversation with ers have welcomed our offer with open arms. curriculum directors in the states of Washington As one teacher from Rio Linda, California, said, and New Jersey. Showing these decision-makers Peter Schwartz “I’ve been trying to [obtain] copies of Anthem the value of Ayn Rand’s novels is one means of for several years from my district, but with recent eventually getting schools to purchase the books Peter Schwartz became a member of the Ayn Rand budget cuts statewide, I have been blocked again using their own funding. Included with the sample Institute’s Board of Directors in 1986. In 1994 he and again for the last five years. I would really books were teachers’ guides to the novels. became chairman of the board and served in that appreciate ARI’s assistance.” role through October 2005. Mr. Schwartz has taught So far, ARI has sent more than 170,000 copies Announcing “The Ayn Rand writing classes for the Objectivist Academic Center of Ayn Rand’s novels to classrooms across North and has served as editorial director of the Institute’s America. Assuming these books are reused for five Institute (Canada)” op-ed program. He is now a Distinguished Fellow years, they will reach some 850,000 students. This at ARI and will, among other activities, conduct project is accomplishing the crucially important mpact is pleased to report the start of a new advanced seminars for ARI’s writers. goal of introducing students to the rational universe Iorganization: The (Canada). Impact recently spoke to Mr. Schwartz briefly and heroic characters of Ayn Rand’s fiction—and The new organization is separate from ARI about his tenure on the Board of Directors and the ideas that underlie her novels. As a sample of and is based in Vancouver, Canada. As a charitable his new relationship with the Institute. the effect the project has had, consider what one organization, it has tax-exempt status under Cana- * * * teacher from Kinston, North Carolina, wrote to us: dian law and the contributions it receives from “I’ve taught Anthem for three years and The Foun- Canadian donors are tax-deductible. The donations Impact: How would you describe the changes in tainhead for two. Students love them! So much, in received by ARI (Canada) will be used exclusively ARI during your years on the board? fact, that they hate to return them.” to fund the Free Books project (see related story) Peter Schwartz: Well, when we began, we We invite you to take advantage of the limited as well as essay contests on Anthem, The Foun- were delighted to be able to reach a couple of opportunity to sponsor a region with the aid of the tainhead and Atlas Shrugged for high school and thousand high school students through our essay matching fund. Please contact us to find out the college students in Canada. The Institute congratu- contest on The Fountainhead. Today, leaving cost of sponsoring a given city, county or state. For lates ARI (Canada) on its successful start-up and aside the unaided sales of Ayn Rand’s books, I sponsorships of $3,000 or more, ARI will (at your wishes it the very best in its ventures. would say that the number of people introduced option) affix bookplates to the inside covers of the While a separate organization from ARI, to her ideas each year through the direct efforts books you sponsor; the bookplates state: “This some of ARI’s staff are also on the staff of ARI of ARI—the Free Books to Teachers project, the book was provided by the generosity of [your (Canada). The president and executive director of media programs, the projects with [Ayn Rand’s name or company name].” ARI (Canada) is Dr. ; its corporate publisher] Penguin Books, the Web site, the secretary and general manager is Debi Ghate; its campus activities, etc.—is in the millions. That treasurer is Julie Ferguson. On the Board of Direc- represents remarkable progress. Pooling Resources to Finance tors of ARI (Canada) are: Dr. Brook, Dr. John We have a clear-cut intellectual mission: to Free Books Ridpath and Mr. Glenn Woiceshyn. expose our culture to the revolutionary philoso- A group of about forty people in Colorado com- To contact ARI (Canada) please write to: Suite phy of Objectivism. We’ve consistently kept bined their resources to fund ARI’s Free Books 812, 6540 East Hastings, Burnaby, British Colum- continued on page 2 project in that state. The prime mover of this joint bia V5B 4Z5, or: [email protected]. A Conversation with Peter Schwartz, continued from page 1 to that goal and, over the years, we’ve become increasingly successful at finding new and bet- ter ways of achieving it. When I started on the board, our budget was just under $400,000; now it is at more than ten times that level. A business grows as it makes products that its market judges are good and are worth buying. Similarly, ARI grows as it creates intellectual products that our supporters judge are good and are worth financ- Ayn Rand’s Periodicals by Miss Rand (and others who wrote under her ing. We have a long track record now, by which editorship) The Objectivist Newsletter contains to show our supporters that they are getting, and Each month Impact suggests readings and other an “Intellectual Ammunition Department” col- will continue to get, their money’s worth. resources for fans of Ayn Rand’s fiction who wish umn that gives answers to questions commonly We’re trying to advance ideas that challenge to learn more about her philosophy, Objectivism. asked by students of Miss Rand’s philosophy. the entrenched philosophy of the entire culture. Many of Miss Rand’s essays were later We’re not like the ACLU, which counts on that published in anthologies, such as The Virtue of entrenched philosophy and tries to accomplish ow does Objectivism apply to current Selfishness, Capitalism: The Unknown Ideal and something at the margins. We don’t operate at the Hevents in the real world? What is good and The Romantic Manifesto. All the back issues of margins; our aim is to transform the intellectual evil—and how does one apply moral principles Miss Rand’s periodicals—featuring essays by core. The Institute is primarily an educational orga- in life? How does one objectively judge the her that are not included in any anthology—are nization. We function by openly announcing to the character of other men? How can one lead a available in hardcover, bound volumes. These world: “We have a radically different philosophy to rational life in an irrational society? What stand volumes are an intellectual feast for anyone offer—let us show you why you ought to adopt it.” does Objectivism have on abortion? Answers seeking to enhance his understanding of Objec- The most efficient way for us to teach people to such questions can be found in Ayn Rand’s tivism. Of particular interest in her essays is about Objectivism is to train and assist the extensive nonfiction writings. not merely the content of her views on concrete individuals who will each educate many other Beginning in the early 1960s, Miss Rand events or issues, but also her distinctive method. people, as part of a professional career. That’s wrote essays applying her philosophy to current Ayn Rand identifies the essence of an event or another area of significant growth. We began in events, history, psychology, politics, education, issue and illuminates its significance by means 1987 with Dr. Harry Binswanger’s phone semi- ethics, literature, economics. Those articles were of timeless philosophic principles. nar on Introduction to Objectivist Epistemology, published in periodicals that she edited: The All of Miss Rand’s nonfiction books, as for four graduate students. In 1994 we initiated a Objectivist Newsletter (1962–65), The Objectiv- well as the bound volumes, can be purchased more formal program, the Objectivist Graduate ist (1966–71) and The Ayn Rand Letter (1972– from the Ayn Rand Bookstore (1-800-729-6149; Center, with about ten students and live class- 75). In addition to numerous fascinating articles www.aynrandbookstore.com). room instruction. Now we have a permanent, full-fledged Objectivist Academic Center—with a continually expanding enrollment that now stands seminar. I will be conducting a yearlong tutorial of thought. There is already an immense differ- at almost ninety—which offers a rigorous four- with several of ARI’s writers, who are committed ence between how Objectivism is regarded today year curriculum for undergraduates, along with a to producing lengthy articles on topical subjects. and how it was regarded when ARI began. It used new program for graduate students. The articles will then be published in booklet to be almost universally dismissed in intellectual So we are currently introducing vast numbers form or submitted to journals for publication. I circles; now it is far more accepted as a legitimate of people to Ayn Rand’s works and, more impor- will continue to play an active role in our cam- viewpoint or as a legitimate object of study, even tant, we are cultivating the new intellectuals of paign to establish a culture of reason, and I’m by people who may not agree with it. This is a the future—i.e., the individuals who will provide sure that there will be various ARI projects I will very encouraging development. the fundamental philosophic education that the be undertaking as time goes on. In substance, my Obviously, the primary credit for ARI’s suc- culture requires. relationship with ARI will be unchanged. cesses belongs to the two men responsible for Impact: Which of ARI’s accomplishments Impact: What do you envision for ARI’s running it: first, Michael Berliner and now, Yaron are you most pleased with? future? Brook. I’ve enjoyed my part in helping ARI, and PS: The one that means the most to me is the PS: The same, only more so. Existing projects I’m confident that the Institute will continue not intellectual output we’ve helped generate. This has will be expanded, new projects will be launched merely to grow, but to grow in the right direction. increased dramatically over the years, through the and, in time, we will see Objectivism being widely The world is still far from embracing Objectiv- direct and indirect efforts of ARI. When I sat down regarded as something that should be taught ism—but ARI has certainly helped speed the a while ago and counted, I was surprised to learn alongside other major philosophies in the history process by which that day will come. that there are actually two dozen books by Objec- tivists, other than Ayn Rand and , that have been or are about to be published, with another ten or so now in the process of being writ- ten. That’s a very impressive number, since books are an indispensable means of changing the culture. And when I look at our op-ed program, it is hard to keep in mind that our first major piece was not published until 1988. Now we are issu- ing, on average and including re-releases, more than one per week. Annually, the articles are run- ning in newspapers with combined circulations of approximately twenty-five million (and this does not even take into account the numerous times our op-eds are reprinted on other Web sites). Intellectual output also pertains to teaching. Probably our most unexpected achievement has been our penetration of academia. The universi- ties, which are where most of the culture’s future Photo printed with the permission of the Seaport Hotel intellectuals get their philosophic training, used to be virtually closed to Objectivism. Now that three-mile-long Freedom Trail. The trail, which door is opening. We have more Objectivist pro- Preview of Objectivist Summer passes near the financial district and the popular fessors at universities than ever before. We have Conference 2006 Venue Quincy Market, goes by sixteen historical sites universities coming to us for funding of Objec- including Paul Revere’s house, Fanuiel Hall and tivist-oriented projects. We have over a dozen he 2006 Objectivist summer conference will the Old State House. universities that have established programs for Tbe held in Boston, June 30 through July 9, The nearest stop on the city’s subway teaching Ayn Rand’s works. at the Seaport Hotel (pictured above). The hotel system (popularly known as the “T”) is located All of this is an indication of the amazing boasts a number of amenities: onsite dining; just across the street from the hotel. The subway growth that ARI has undergone in the past two hi-speed Internet access (wireless in the lobbies, connects with downtown Boston, a couple of decades. wired in the rooms); Satellite TV; health club and miles away, and Logan Airport. Impact: What will your relation be to ARI in heated pool; free business center; 24-hour con- Information about the conference lectures the future? cierge and room service. The hotel offers expan- and courses will be announced in the next issue. PS: I will continue to support ARI and to sive views of the Boston skyline and waterfront. Impact readers will receive a conference bro- work with it in a number of areas. One new proj- Many of the important historical sites in chure in the mail by the end of the year. ect that I will be starting shortly is a monograph downtown Boston can be visited by walking the 2 The New Intellectuals: A Conversation with Dr. Robert Mayhew

Dr. Robert Mayhew is RM: I thought it best to organize the book cause of freedom of speech. What was her view? professor of philosophy according to the branches of philosophy. But RM: She regarded the leftist position as at Seton Hall University. Dr. Peikoff thought (and I agreed with him) complete nonsense. She argued this was not an He earned his PhD that since this collection is aimed at a broad issue of free speech. She was opposed to Con- in philosophy from audience, it would be a mistake to organize the gress asking someone whether he’s a Marxist or Georgetown University material in the traditional fashion, beginning not, just as she would oppose Congress asking in 1991. He is the author with metaphysics and epistemology, and ending someone whether he believes in God or not. of Aristotle’s Criticism with esthetics. The typical Ayn Rand fan who But that’s not what the 1947 HUAC [House of Plato’s “Republic,” has read the novels only and then picks up this Un-American Activities Committee] hearings The Female in Aristotle’s book would likely be less interested (at least were investigating—they were not asking people Biology, Ayn Rand and “Song of Russia” and initially) in such topics as theories of truth and about their opinions. They were inquiring into the is the editor of Ayn Rand’s Marginalia, The Art more interested in politics or ethics. So the book nature and activities of the CPUSA [the Commu- of Nonfiction, Essays on Ayn Rand’s “We the begins with a chapter on politics and economics nist Party of America]. Their questions were not Living,” Essays on Ayn Rand’s “Anthem” and (the longest chapter in the book), then proceeds about beliefs but about actions—primarily about Ayn Rand Answers: The Best of Her Q & A. to ethics, then to a chapter on metaphysics and membership in an organization that was funded A frequent speaker at Objectivist conferences, epistemology, and then to esthetics. I end with a and directed by the Soviet Union, by any rational Dr. Mayhew delivered “The Rise and Fall of brief set of Q & A on Ayn Rand’s life. standard an enemy of the United States. Ancient Greek Justice: From Homer to the Impact: What questions would you ask Ayn Now, she thought that there were better ways Sermon on the Mount” at the 2005 Objectivist Rand if you had the opportunity? of discovering information about the Communist summer conference and “Humor in The RM: First, I would ask her a lot of ques- Party than these congressional hearings, which Fountainhead” at an Objectivist conference in tions about Aristotle. What particular works of she thought were mostly about publicity. I sup- London this past September. his did she read, and when. Given one of my pose she meant that FBI agents, for example, Impact recently spoke with Dr. Mayhew present research interests, I would love to know could make any necessary investigations, and about his newly published books and the books if and when she read his Poetics, and what her would have come to the conclusion that was he is currently working on. reaction was. I also wish I had the opportunity pretty obvious anyway: that the Communist * * * to ask her some follow-up questions to some of Party was radically different from the Demo- the answers she gave, some of which were very cratic and Republican parties. And it is perfectly Impact: I want to begin by asking about your brief. For example, she was once asked, “What moral and legal to ban such a party. latest publication, Ayn Rand Answers: The Best do you think of [American artist] Maxfield Par- Impact: In your research, did you interview of Her Q & A. What sources did you draw on in rish?” and she responded: “Trash.” Now, I can anyone actually involved in the film Song of gathering material for this book? guess why she said that, but it would have been Russia or in the hearings? Was there anything Robert Mayhew: The bulk of the mate- interesting and fruitful to hear her elaborate on particularly surprising that you found in doing rial was taken from three sources: the Q-&-A her answer. research for the book? periods that Ayn Rand took part RM: I interviewed Richard in following seven of the lectures Collins, who was co-screen- in Leonard Peikoff’s 1976 Phi- writer of Song of Russia and losophy of Objectivism course; at that time a member of the the Q-&-A periods following her Communist Party, and who lectures at the Ford Hall Forum later left the party and cooper- between 1961 and 1981; and out- ated with the FBI in the 1951 takes from the nonfiction writ- HUAC hearings. He had some ing course she gave in 1969 to a very interesting things to say private group of students in her about the details of the making apartment. of the film. Impact: Is this the first time As for things that surprised this material has become available me, I’d mention the following: for a general audience? I went to the Margaret Her- RM: The Q & A from the rick Library in Los Angeles nonfiction course is available for and read through all of the the first time in this book. Ayn outlines and proposed screen- Rand was often asked questions plays for Song of Russia. If that were not really on topic, and you think Song of Russia is she provided fascinating answers blatant propaganda now (and it that did not belong in what later is), you should have seen what became The Art of Nonfiction, the communist screenwriters but which had to go somewhere tried to put in the movie, but because they were so good. For didn’t manage. That surprised example, her long answer to the question “How Impact: Another one of your books that me. But the absolute shocker was this: the Office do you reconcile free will and causality?” is came out this year is Ayn Rand and “Song of of War Information (which was created by FDR absolutely brilliant. The Q & A from the Ford Russia”: Communism and Anti-Communism in during the war and had the responsibility, among Hall Forum lectures and Philosophy of Objec- 1940s Hollywood. How did you become inter- other things, of vetting movie scripts to make tivism are available on tape, but I think it’s ested in this subject? sure they contributed to the war effort) sent the important to have this material available in print, RM: I’ve had a long-standing interest in Song of Russia screenplay to the Soviet ambas- prepared for publication and organized topically. the debate between communism and anti-com- sador to check the accuracy of the film’s pre- Impact: I assume Ayn Rand was often asked munism. My introduction to Ayn Rand was sentation of Stalinist Russia! I nearly fell off my the same question. Was much material cut owing Anthem; I was reading a lot of anti-utopia novels chair when I read that. to repetition? at the time (in my early teens), like Animal Impact: In 2004–2005 five books edited or RM: I thought I would have to make many Farm. Later, for my dissertation, I focused on authored by you have been published. How do such cuts, but that turned out to be unnecessary. Aristotle’s criticism of the communism pre- you manage multiple projects? True, she was often asked the same questions sented in Plato’s Republic; and around the same RM: I actually like having more than one (for example, “What do you think of Reagan?”); time I translated Aristophanes’ play Assembly project going on at once. It helps me to avoid but each time she answered a question, she did of Women, which parodies communism. Having procrastinating. If I don’t feel like working so from a slightly different angle, depending on said what I wanted to say about ancient com- on one project, it’s nice to know I can turn to the context in which it was asked. I think she was munism and anti-communism, I wanted to do another. Some people prefer to focus entirely on able to do this because she was so first-handed something more current on the topic—something one project, and I can understand that. I have in her thinking. She never robotically responded in the twentieth century—and I wanted to com- found that if I try to have four projects going with some canned answer on capitalism or altru- bine it with my interest in Ayn Rand. Further, at once, that’s a mistake; but two, maybe three, ism. Her answer would take into consideration, I am interested not only in her novels and her works very well for me, especially if one of for instance, the time period in which the ques- ideas, but in her life as well, because it happens them is an editing project. tion was asked (for example, had there just been to have been a fascinating one. The Song of Rus- a Presidential election), what tone the questioner sia project was the perfect way to integrate these (The second and final part of this interview adopted, what particular lecture had just been interests. will appear next month.) given and so on. So there was usually fresh mate- Impact: The standard leftist view regards * * * rial whenever she answered a question. the Hollywood Ten and other leftists who were Impact: How is the material organized? blacklisted as tragic victims—martyrs to the

3 One-Time Tax Break In the Media

Encourages Larger n October 7 Dr. Yaron Brook appeared Charitable Contributions Oon CNBC’s program On the Money. He argued against the United Nations proposal to In addition to existing tax laws encouraging take over control of the Internet. On October 9 charitable contributions, temporarily increased an op-ed by ARI guest writer Thomas Bowden, tax-saving opportunities are available under the “On Columbus Day, Celebrate Western Civili- Katrina Emergency Tax Relief Act (KETRA). zation, Not Multiculturalism,” was published The charitable giving incentives in KETRA in the Providence Journal. On October 13 the apply to gifts to public charities generally—not Chicago Tribune ran an article quoting dean just to disaster relief agencies—and may provide of the Objectivist Academic Center Dr. Onkar Ghate on how egoism upholds the enjoyment ARI at West Hollywood Book Fair Last month ARI participated in attractive tax strategies for ARI donors able to take the West Hollywood Book Fair, which featured the work of authors advantage of them. of personal happiness and achievement, while who have lived in or near West Hollywood. ARI’s booth exhibited Cash contributions are normally tax deduct- altruism penalizes success. the writings of Ayn Rand, who wrote Penthouse Legend (later ible up to 50 percent of a donor’s adjusted gross * * * retitled Night of January 16th) and began her final draft of We the income (AGI); KETRA suspends this limitation. ARI speakers are typically invited to appear on Living while living in West Hollywood. ARI archivist Jeff Britting (Also, KETRA suspends the 3 percent reduction radio and television at such short notice that (pictured above) was on hand to answer questions and sign copies of his illustrated biography, Ayn Rand (Overlook Press, 2005). of itemized deductions for the charitable contri- Impact can mention such appearances only bution.) Donors in a position to contribute more in retrospect. You can, however, receive late- than half their 2005 AGI have a rare opportunity breaking news of upcoming media appearances to escape the usual restrictions on deductibility of via e-mail by registering on our Web site, www. Job Opportunities ARI is currently recruiting an charitable gifts. aynrand.org; click on the registration link on the Education Coordinator and Education Assistant. For example, assume a donor with AGI of left-hand side of the page. For full details, including information on how to $200,000 and tax deductions (non-charitable) of apply, please visit: www.aynrand.org/employment. $30,000, planning to contribute $150,000 to ARI. Under KETRA’s provisions, he could reduce his Impact is published monthly by the Ayn Rand® Institute (ARI) and is federal taxable income by $50,000 in 2005. TM complimentary to current donors who contribute $35 or more per year. Donors with higher incomes than usual this books/audio/videos . . . for the rational mind TM For information on how you can support ARI, and to learn about our ® NEW Releases HIGHLIGHTS year who are motivated to help accelerate ARI’s projects, please visit our Web site: www.aynrand.org. Atlantis Legacy , pg 4 Centenary Reminiscences of Ayn Rand Ayn Rand’s Philosophic Achievement the Institute’s planned giving program, and related indicia are registered by Leonard Peikoff progress by contributing more dollars sooner by Harry Binswanger pages 21 and 23 pg 17 Ayn Rand Answers: The Best of Her Q & A trademarks. The Ayn Rand Archives is a special collection of the Edited by Robert Mayhew Man’s Rights: Ayn Rand’s Historic Contribution may be candidates for KETRA strategies. Donors pg 29 How “Activist” Should Judges Be?: Ayn Rand Institute. Objectivist Conferences (OCON) and the Ayn Rand Objectivity in Judicial Decisions by John Ridpath page 21 and 27 by Tara Smith Bookstore are owned by Second Renaissance, Inc., which is operated with more income than they may need, e.g., those Wal-Mart: The Story of the pg 30 The Capitalist Manifesto by Andrew Bernstein World’s Greatest Retailer by the Ayn Rand Institute. Second Renaissance, Inc., and the Ayn Rand by Edwin A. Locke required to take distributions from retirement pg 37 The Hierarchy of Knowledge page 32 by Greg Salmieri Institute do not necessarily endorse the content of the lectures and The History of America pg 44 Ideas and the Fall of Rome (part 4): The Industrial courses offered. All photos of Ayn Rand are used by permission of the plans, may be able to save taxes by making a one- by John Lewis Republic, 1877–1920 by Eric Daniels pg 55 Reclaiming Education (part 2) page 46 Estate of Ayn Rand. Purchases from the Ayn Rand Bookstore do not by Lisa VanDamme time larger gift to ARI. The Sublime Art: An ������������������ Introduction to the qualify as tax-deductible contributions to the Ayn Rand Institute. ������������������������ Elements of Poetry Special Series pages 21 and 62 by Jason Rheins KETRA is effective August 28 through page 61 pg 51 ARI Lecture Series 2005 Editor: Elan Journo Assistant Editor: Dan Norton  The Virtue of Selfi shness: Why Achieving Your Happiness

Is Your Highest Moral Purpose, pages 37 and 51 The Ayn Rand® Institute Lecture Series 2005 December 31, 2005. Its charitable incentives  George Washington: Integrity and the Volume 5 Editorial Advisors: Dr. Yaron Brook, Mark Chapman, Anu Seppala Founding of America, pages 47 and 51  The Failure of the Homeland Defense: The Lessons From History, pages 26, 45 and 51 Designer: Simon Federman Printing: David Antonacci apply only to cash gifts. Gifts to donor-advised  Antitrust Is Immoral, pages 31 and 51 TM  Neoconservatives Vs. America: A Critique of TM Copy Editor: Donna Montrezza U.S. Foreign Policy Since 9/11, pages 24 and 51  Creationism in Camoufl age: The “Intelligent funds and to “support” organizations (e.g., the Design” Deception, pages 28, 51 and 56 Headquarters: 2121 Alton Parkway, Suite 250 Anthem Foundation for Objectivist Scholarship) Irvine, CA 92606-4926 Phone: 949-222-6550 Fax: 949-222-6558 do not qualify, and corporate contributions must © The Ayn Rand Institute 2005. All rights reserved. Not to be The 2006 be directly to hurricane relief to take advantage of New Ayn Rand Bookstore Catalog reproduced without permission. Ayn Rand Bookstore catalog was recently mailed to ARI KETRA. Consult your financial advisor regarding donors and bookstore customers. The bookstore offers the the tax consequences of a KETRA-motivated gift most complete selection of Ayn Rand’s fiction and nonfiction to the Institute. titles, as well as an abundance of lectures and courses about Increase your support of ARI now and her life and philosophy. The new catalog includes (to mention help provide intellectual disaster relief. For just a few of the many new items) “Centenary Reminiscences more information, contact Kathy Cross, Gift & of Ayn Rand,” by Dr. Leonard Peikoff, “Ayn Rand’s Philosophic Estate Planning Manager, at 310-876-1633 or Achievement,” by Dr. Harry Binswanger and “Reclaiming [email protected]. Education (part 2),” by Lisa VanDamme. If you have not yet received a catalog, please contact us at 1-800-729-6149.

Commentary: Directing a Unique Enterprise Each month Impact features a column by the Institute’s projects—from the Free Books to Institute’s executive director, Dr. Yaron Brook, Teachers project to the Objectivist Academic who looks at the wider context of ARI’s activities. Center to the publication of op-eds—are inte- grated to this purpose. Peter Schwartz will be missed on the Insti- But the board is not simply an abstract tute’s Board of Directors. Although he has monitor; it also sets strategic direction, sug- stepped down as chairman—in which post gests new programs, evaluates when programs he did an excellent job—I am delighted that should expand or shrink, determines priori- he will continue working with ARI in other ties and approves budgets. Such activities are capacities. Prompted by this change in ARI’s obviously crucial to the success of the Institute board, I want to take this opportunity to say a in achieving its mission and to ensuring that few words about the board and what it does. donor contributions are used with maximal Unlike a business venture which is primar- efficiency. ily driven by the pursuit of financial profit and In the twenty years since it started, the which sells its product as a means to that end, Institute has adhered unswervingly to the a nonprofit organization such as ARI is pri- principles of Objectivism and has made marily driven by its mission statement, and the great strides towards achieving its mission. money raised is devoted entirely to advancing This accomplishment is in part thanks to the that mission. Whereas a for-profit corpora- guidance of Mr. Schwartz (and the rest of the tion’s board is accountable to its shareholders board). On behalf of all the Institute’s support- (who, as owners, expect the company to earn ers, I want to say: Thank you, Peter, for a job them profits)—ARI’s board is accountable to well done. its mission statement and to its donors (who expect their contributions to be used wisely). —Yaron Brook The mission of ARI, as stated in its intellectual charter, “is to promote the spread P.S. The remaining members of the board are of the Objectivist philosophy by means of Dr. Michael Berliner, Dr. Harry Binswanger, educational activities.” The basic function of Dr. John Ripath, Dr. Peter LePort, Mr. Carl the board is to oversee the activities of the Barney, Ms. Arline Mann and myself. On Institute to ensure that it is adhering to and ARI’s Web site you can find brief biographies working to advance this mission. All of the of the board members.

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