aynrand.org/impact Volume 18, Number 1, January 2012 and ’s Upcoming Book Picked Up by Major Publisher

ooks play an important role in shaping a cul- by the state’s increasing control over the economy. B ture, which is why ARI has made producing “Americans,” Dr. Brook said, “are more open to high-quality, influential books a centerpiece of pro-capitalist ideas in general and ’s ideas Free Market Revolution: our strategy for spreading Ayn Rand’s ideas. in particular than they have been at any other time How Ayn Rand’s Ideas Can Impact is thrilled to announce that, towards this in recent history. It’s critical that we take advantage end, leading publisher Palgrave Macmillan will of this fact. Our book goes a long way to that end. End Big Government release Free Market Revolution: How Ayn Rand’s Our goal is to reach the better people on the right Table of Contents Ideas Can End Big Government, written by ARI and help them take a light-year step forward in their executive director Yaron Brook and ARI analyst understanding of .” Introduction Don Watkins. The book will be available in Commented ARI publishing manager Richard bookstores on September 18. E. Ralston: “The first step to reaching our target Chapter 1—The Incredible Unshrinking Government audience is to get the book into their hands. The Chapter 2—Why Government Grows fact that Palgrave Macmillan will be publishing the Chapter 3—With Friends Like These book will go a long way toward helping us achieve that goal. We want Free Market Revolution to be Chapter 4—The 2008 Housing Meltdown: A Crisis That widely read and talked about, and Palgrave Macmil- Government Built lan’s experience, prestige and marketing and distri- Chapter 5—Rethinking Selfishness bution expertise will help with that enormously.” Chapter 6—The Morality of Success Dr. Brook and Mr. Watkins have been long- time collaborators (see their most recent Forbes Chapter 7—The Business of Business Yaron Brook Don Watkins .com column on page 3), and the book came out of Chapter 8—The Nobility of the Profit Motive “Our book looks at why, no matter which their work together. “We both wanted to do a book party is in power, no matter the mood of the on the morality of capitalism,” said Mr. Watkins, Chapter 9—Selfishness Unleashed electorate, government keeps getting bigger and “but the challenge was to figure out a way to talk Chapter 10—The Dynamism of the Market bigger—and it explains what can be done to stop about these complex philosophic issues in a way Chapter 11—The Regulatory State and Its Victims it,” said Mr. Watkins. “Our answer, in short, is that would be clear, engaging and fun for the aver- that government keeps growing because people age American to read. That was the goal we set for Chapter 12—The Immoral Entitlement State don’t like the fact that capitalism is a selfish sys- ourselves and we can’t wait for readers to judge Chapter 13—You Are Not Your Brother’s Health Care tem.” He added, “What we show is that capital- whether or not we succeeded.” Provider ism is selfish, but that that is a good thing.” Free Market Revolution will be available for Chapter 14—Stopping the Growth of the State Free Market Revolution is targeted primarily to pre-order on Amazon in early April. Check out the those, such as Tea Party activists, who are alarmed table of contents on this page!

Objectivist Summer Conference Updates ARI Speakers To Address Congressional Staffers Registration Opening Next Month n the November 2011 issue, we reported that f you are looking for an opportunity this I ARI would hold regular briefing sessions I summer to learn about Ayn Rand’s ideas this year for members of Congress and their and meet other fans of her work, look no staffers. Impact is happy to provide more further than the annual Objectivist summer information about these briefings. conference. Packed with numerous educa- tional offerings from top experts in Objec- tivism and fun social activities, this event promises to be one of the most engaging, informative and inspiring of the year. This year’s conference will take place June 30–July 8 in beautiful San Diego, California, at the Sheraton San Diego Hotel and Marina. ARI will begin taking registrations early next month at objectivistconferences.com.

Sheraton San Diego Hotel and Marina New Event Added to Conference Lineup purchase health insurance (and, if not, whether Panel Discussion on the Legal Challenge to the Patient the entire Act must be invalidated or only the Protection and Affordable Care Act individual mandate) and whether the federal government can use its spending power to force ARI will host nine briefings in 2012, dur- This June, the US Supreme Court will decide the states to expand coverage under Medicaid. ing which we will provide attendees with the the constitutionality of two key provisions of In this timely discussion, panelists will necessary tools to defend capitalism, promote the Patient Protection and Affordable Care Act explain the legal issues in the case and the individual rights and further the case of limited (otherwise known as Obamacare). At issue, Supreme Court’s decision and will analyze the government. We will discuss issues ranging from among other things, is whether the constitution impact of the decision from cultural, medical taxes and health care to environmental policy and authorizes Congress to compel individuals to continued on page 4 continued on page 4 Summer Internship Program Now Accepting Applications

RI is now accepting applications for its A 2012 summer internship program. This unique three-week program is aimed at college undergraduates new to Ayn Rand’s novels, phi- losophy and the debate surrounding them, and “The Comprachicos” out cognitive guidance—he is actively discouraged combines an educational curriculum on these top- and prevented from pursuing cognitive tasks.” ics with a traditional internship in a professional Each month Impact highlights writings from (“The Comprachicos”) workplace. This year up to thirty college students Ayn Rand’s corpus for fans who wish to learn She argues at length in the essay, originally and recent graduates from a range of disciplines, more about her , . published in 1971, that modern education has backgrounds and viewpoints will be invited to the ultimate effect of “stunt[ing]” a child’s mind, take part in the program at ARI’s main office in he purpose of education, according to Rand, which “means to arrest its conceptual develop- Southern California. On top of this incredible edu- Tis to “teach a student how to live his life—by ment, its power to use abstractions—and to keep cational experience, all of our interns will receive developing his mind and equipping him to deal it on a concrete-bound, perceptual method of a $1,200 scholarship and $500 travel stipend to with reality. . . . He has to be taught to think, to functioning.” assist with living and travel arrangements. understand, to integrate, to prove. He has to be In addition to teaching students “the wrong Commented one intern last year: “No taught the essentials of the knowledge discovered method of mental functioning,” Rand argued matter where your studies or interests lie, an in the past—and he has to be equipped to acquire that “modern educators . . . indoctrinate . . . chil- internship at ARI is an extremely valuable and further knowledge by his own effort.” (“The Com- dren with the kinds of ideas that will make their rewarding experience. If you are at all inter- prachicos” in Return of the Primitive) intellectual recovery unlikely,” such as the “pre- ested in philosophy, politics, literature or Rand viewed education as holding an impor- dominance of [learning by] memorizing” versus Ayn Rand, you stand to benefit. . . . Even if tant role. “It is ideas,” she said, “that determine “by understanding,” the inculcation of the “mob your experience with Rand is minimal, you the actions of . . . people, and it is the Educational spirit,” and the “anti-rational indoctrination . . . will come out of here smarter and more pre- Establishment that determines the ideas of a carried on in the form of slanted, distorted mate- pared to face the world.” nation.” (“The Comprachicos”) rial, of mystic-altruist-collectivist slogans, of Complete applications must be received by In her essay “The Comprachicos,” Rand dis- propaganda for the supremacy of emotions over midnight on April 1, 2012. The program is open cusses the progression of man’s cognitive devel- reason.” (“The Comprachicos”) to college undergraduates, as well as recent high opment and the implications of this process for The result, Rand observed, “is the half- school and college graduates. proper education, and offers a sweeping analysis illiterate college freshmen who are unable to read We would appreciate your assistance in of the impact of the Progressive movement on a book (in the sense of understanding its content, directing any students who may be interested in today’s schools. as against looking at its pages) or to write a paper our program to aynrand.org/internships, where Rand held that “the most crucially important or to spell—or even to speak coherently, which is continued on page 4 part of learning,” is “the process of forming, inte- caused by their inability to organize their thoughts, grating and using concepts . . . and all of man’s if any.” (“The Comprachicos”) other capacities depend on how well or how badly Rand saw the cultural consequences of the he learns” this skill. “Intelligence,” she noted, “is Progessive education system all around her, from the ability to deal with a broad range of abstrac- the violent campus riots of the 1960s to the rise of New Teaching Resource for tions. . . . It has to be acquired by a child’s own the hippies and the prevalence of drug use. She effort and automatized by his own mind, but adults summarized, “It is the educational establishment can help or hinder him in this crucial process.” that has created this national disaster,” and “it is (“The Comprachicos”) philosophy that has created the educational estab- ne of ARI’s main goals is to advance not Rand praised the Montessori method of edu- lishment. . . . To oppose it will require a philo- Oonly readership but greater understanding cation for properly identifying “the nature and sophical revolution. . . . Ideas can be fought only of Ayn Rand’s works and ideas. Towards this extent of the help that a child needs at the time by means of ideas.” (“The Comprachicos”) end, Penguin, the publisher of Atlas Shrugged, he enters nursery school,” which enables chil- “The Comprachicos” offers much more recently published a revised and more substan- dren to develop, according to Maria Montessori, on Rand’s views on education, including the tial teacher’s guide for Rand’s magnum opus, “‘an inner guide which leads them to become philosophic ideas responsible for modern educa- written by ARI senior fellow . active and intelligent explorers instead of wan- tion and the right ideas needed to fight it. The Through our Free Books to Teachers pro- dering wayfarers in an unknown land.’” (“The essay can be found in Return of the Primitive: gram, ARI sends free copies of Atlas Shrugged Comprachicos”) The Anti-Industrial Revolution, edited by Peter to teachers for their classrooms. With every Rand observed, however, that in today’s Pro- Schwartz and available at the Ayn Rand Book- classroom set we ship, we now also include the gressive schools, a child is “not merely left with- store (aynrandbookstore.com). new teacher’s guide.

New Atlas Shrugged Documentary Screened in Theaters s A TEACHER’S GUIDE TO THE SIGNET EDITION OF he recently released documentary Ayn Rand & the Prophecy of “Atlas Shrugged” was ATLAS SHRUGGED T BY AYN RAND screened in more than eighty-five theaters across the country this month. Produced and directed by award-winning documentary-maker Chris Mortensen, Ayn Rand & the Prophecy of “Atlas Shrugged” is a feature-length documentary film that examines the resurgent interest in Ayn Rand’s epic and controversial 1957 novel and the validity of its dire predictions for America. Commented Yaron Brook, ARI’s executive director: “When a documentary-maker as well known and experienced as Chris approached ARI for archival materials for his film, we were happy to assist. He also interviewed several ARI staff, board members and donors. We hope this documentary introduces more people to Ayn Rand’s powerful ideas and encourages them to BY onkar GhaTe read Rand’s works.” GuIdE TEAcHER’S

The documentary features interviews with, Rand Atlas TG 0816a.indd 1 08/16/11 11:10 AM among others, ARI board member , Dr. Brook and ARI publishing manager Richard E. In addition to teachers, the booklet is a Ralston. great resource for those holding Atlas Shrugged To find out if the documentary is being screened reading groups and can be accessed for free at Poster for the feature documentary in a theater near you, visit atlasshrugged-thedoc.com. aynrandeducation.org, where teaching guides for Poster art image courtesy of Mad Universe Rand’s other novels can be found as well. 2 WHY THEY CONTRIBUTE In Conversation with Doug Arends

that time, I also became an Atlantis Legacy donor getting jointly involved financially with a project by including the Institute in my estate plans. to have Sandra Shaw create a bust of Ayn Rand. It I give primarily because I have a selfish desire took me only seconds to say Yes, as I considered it to see other people, particularly young people just an honor to be asked. In 2010, when it was finished, starting out, experience the Atlas Shrugged “transfor- Sandra sent me a photograph of the bust just prior to mation” that I did. If enough people read the novel, I its unveiling at OCON that year in Las Vegas. With- expect it will have a major impact on our culture for out seeing the bust, or knowing the price, I placed the better. I sincerely hope so. Ayn Rand contributed an order for one, as I knew there would be a lineup, so much to my life that now that I can afford it, I once others saw it. benevolently enjoy sharing what I learned. I received my bust in May of this year and it I also give to ARI because it keeps me up to now resides in my apartment-office on top of a spe- date on Objectivism and in touch with other like- cially purchased bookcase that meets Sandra’s rec- minded Objectivists through OCON conferences, ommendations for ideal viewing height and lighting. the Ayn Rand Bookstore, the website and such. This As I work at my desk, I only have to look up to see contact with other Objectivists adds enormously to Ayn surveying what I’m doing. If she looks beyond my learning and to my enjoyment. The staff at ARI me out the window, she has a gorgeous view of the Doug Arends, chairman of the Canadian Bank work hard to keep me informed as to where my lake. The bookcase contains only Objectivist books Note Company, is a long-time contributor to ARI. money is being spent and to convince me that it is and CDs. He also helped to fund the creation of The Portrait being spent wisely. Doing so reinforces my donation I’m a businessman, not an art expert, but I do Bust of Ayn Rand, sculpted by artist Sandra Shaw, decisions and keeps me giving. know what I like and I like this bust of Ayn Rand the first edition of which was recently installed at sculpted by Sandra Shaw. ARI (see the November 2011 issue of Impact for On Where He Directs His Contributions more on this portrait). The ARI program that I value and support the On His Initial Response to the Portrait Impact had the chance to chat with Mr. Arends most is the distribution of free copies of Atlas It sucked the breath right out of me and I had to sit on why he contributes to ARI, the programs he’s Shrugged to students through the Free Books to down! I had never seen anything quite like it before. excited about and why he decided to fund a portrait Teachers program. I get pleasure out of hearing It was much larger than I expected and it was beauti- bust of Ayn Rand. other people describe the positive effect that read- fully displayed and lighted, sitting on a pedestal at ing Atlas Shrugged has had on their lives. I learned the right height for viewing and with chairs in the On Why He Contributes to ARI about Ayn Rand and Objectivism by reading Atlas room so that you could sit and enjoy it for as long I started supporting Objectivist activities before Shrugged. Doing so changed my life and allowed as you needed. I had seen a photograph before, but there was an ARI. One of the earlier projects that me to achieve a great deal of success in my busi- it didn’t prepare me for the real experience. The I was involved in funding was the 1984 debate in ness life and happiness in my personal life. ARI fact that here was a bust of Ayn created by someone Toronto on capitalism versus featuring can find a good home for a copy of Atlas Shrugged who cared about her as much as I did, with so much and . I attended some for less than the price it sells at bookstores, and the attention to detail being paid to the initial unveil- of the early ARI auctions and made purchases. books distributed often get read a second time. ing, was an experience I’ll never forget. Thirty years I didn’t get involved in any consistent manner or ago was the last time I’d seen Ayn up close and I give substantial support to ARI until about ten years On Why He Helped Fund a Portrait of Ayn Rand was seeing her again as one of her keenest admirers ago when I started attending OCON conferences. At Back in 2008, Dr. Ridpath approached me about wanted her to be seen.

America Before the Entitlement State

he following is a reprint, by permission, of an to help that minority. ies were private, they offered a wide range of options T article written by ARC president Yaron Brook But in a culture that revered individual responsi- to fit a wide range of needs. And because they were and analyst Don Watkins for Forbes.com. Dr. Brook bility and regarded being “on the dole” as shameful, voluntary, individuals joined only when the programs and Mr. Watkins write a regular column for the formal charity was almost always a last resort. Typi- made financial sense to them. How many of us would publication—under the title “The Objectivist.” Visit cally people who hit tough times would first dip into throw dollar bills down the Social Security money pit http://blogs.forbes.com/objectivist to keep up with their savings. They might take out loans and get their if we had a choice? their writing. We encourage you to comment on, share hands on whatever commercial credit was available. If Only when other options were exhausted would and “follow” the column. that wasn’t enough, they might insist that other family people turn to formal private charities. By the mid-nine- members enter the workforce. And that was just the start. teenth century, groups aiming to help widows, orphans, This article was published on Forbes.com on “Those in need,” historian Walter Trattner writes, and other “worthy poor” were launched in every major November 18, 2011, and later printed in the January “. . . looked first to family, kin, and neighbors for aid, city in America. There were some government welfare 16, 2012, issue of Forbes magazine. including the landlord, who sometimes deferred the rent; programs, but they were minuscule compared to private the local butcher or grocer, who frequently carried them efforts. Reacting to calls for cuts in entitlement programs, for a while by allowing bills to go unpaid; and the local In 1910, in New York State, for instance, 151 pri- House Democrat Henry Waxman fumed: “The Repub- saloonkeeper, who often came to their aid by providing vate benevolent groups provided care for children, and licans want us to repeal the twentieth century.” Sound loans and outright gifts, including free meals and, on 216 provided care for adults or adults with children. If bites don’t get much better than that. After all, the world occasion, temporary jobs. Next, the needy sought assis- you were homeless in Chicago in 1933, for example, before the twentieth century–before the New Deal, the tance from various agencies in the community–those of you could find shelter at one of the city’s 614 YMCAs, New Frontier, the Great Society–was a dark, dangerous, their own devising, such as churches or religious groups, or one of its 89 Salvation Army barracks, or one of its heartless place where hordes of Americans starved in social and fraternal associations, mutual aid societies, 75 Goodwill Industries dormitories. the streets. local ethnic groups, and trade unions.” “In fact,” writes Trattner, “so rapidly did private Except it wasn’t and they didn’t. The actual history One of the most fascinating phenomena to arise agencies multiply that before long America’s larger of America shows something else entirely: picking your during this time were mutual aid societies–organizations cities had what to many people was an embarrassing neighbors’ pockets is not a necessity of survival. Before that let people insure against the very risks that entitle- number of them. Charity directories took as many as 100 America’s entitlement state, free individuals planned for ment programs would later claim to address. These pages to list and describe the numerous voluntary agen- and coped with tough times, taking responsibility for societies were not charities, but private associations of cies that sought to alleviate misery, and combat every their own lives. individuals. Those who chose to join would voluntarily imaginable emergency.” In the 19th century, even though capitalism had only pay membership dues in return for a defined schedule of It all makes you wonder: If Americans could thrive existed for a short time, and had just started putting a benefits, which, depending on the society, could include without an entitlement state a century ago, how much dent in pre-capitalism’s legacy of poverty, the vast, vast life insurance, permanent disability, sickness and acci- easier would it be today, when Americans are so rich that majority of Americans were already able to support their dent, old-age, or funeral benefits. 95 percent of our “poor” own color TVs? But we won’t own lives through their own productive work. Only a Mutual aid societies weren’t private precursors to get rid of the entitlement state until we get rid of today’s tiny fraction of a sliver of a minority depended on assis- the entitlement state, with its one-size-fits-all schemes widespread entitlement mentality, and return to a society tance and aid–and there was no shortage of aid available like Social Security and Medicare. Because the societ- in which individual responsibility is the watchword.

3 ARI Speakers To Address Congressional Summer Internship Program Now Objectivist Summer Conference Staffers, continued from page 1 Accepting Applications, continued from page 2 Updates, continued from page 1 business regulations. they can learn more about what the program offers and legal standpoints. Panelists include attorney The first briefing is next month on February 9, and how to apply. Paul Beard of the Pacific Legal Foundation, ARI during which ARI executive director Yaron Brook executive director Yaron Brook, ARI board mem- will discuss the current debate about capitalism, ber Peter LePort, MD, and Richard E. Ralston, and provide the basis for future briefings. All executive director of Americans for Free Choice attendees at this event will receive a free copy of in Medicine. Steve Simpson of the Institute for Atlas Shrugged. Justice will moderate. The remaining eight briefings, whose schedule is still being finalized, will feature other ARI speakers as well as repeat appear- ances by Dr. Brook. Keep up with Impact to learn about future briefings. Interns from last year’s internship program

Recent PJTV and Other Media Appearances View from a restaurant at the Sheraton San Diego Hotel and Marina

Impact is published monthly by the Ayn Rand® Institute (ARI) and is very week ARC intellectuals appear on the PJTV.com news show Front Page with Allen Barton. complimentary to current donors who contribute $35 or more per year. Visit ARC-TV.com regularly to keep up with these and other ARC media appearances. For information on how you can support ARI and to learn about our projects, E please visit our website: aynrand.org. Atlantis Legacy®, the Institute’s planned giving program, and related indicia are registered trademarks. • January 12, 2012: Don Watkins on Front Page (“Bain on Trial”; “Life Before the Nanny State”) The Ayn Rand Center for Individual Rights (ARC) is the public policy and outreach division of the . The Ayn Rand Archives is • January 7, 2012: Yaron Brook on All Things Considered (National Public Radio; “Conservative a Special Collection of the Ayn Rand Institute. Objectivist Conferences Movement at Crossroads”) (OCON) and the Ayn Rand Bookstore are owned and operated by the Ayn Rand Institute. The Ayn Rand Institute does not necessarily endorse • January 4, 2012: Yaron Brook on Market Strategy (TheStreet Network; “Bank CEO for President?”) the content of the lectures and courses offered. All photos of Ayn Rand are used by permission of Leonard Peikoff. Purchases from the Ayn Rand • December 29, 2011: Yaron Brook on Market Strategy (TheStreet Network; “Obama Is the President Bookstore and OCON do not qualify as tax-deductible contributions to the of Equality, Not Individual Rights, Says Ayn Rand Institute Head”) Ayn Rand Institute. Editor: Rituparna Basu • December 19, 2011: Yaron Brook on Market Strategy (TheStreet Network; “GOP Front-Runners Editorial Advisers: Yaron Brook, Mark Chapman, Julie Ferguson, Lack Principles, Says Ayn Rand Institute Head”) Debi Ghate, , Anu Seppala, Lin Zinser Designer: Simon Federman • December 16, 2011: Yaron Brook on Front Page (“Payroll Tax Cut: Is Obama Just Pushing More Printing: David Antonacci Copy Editor: Donna Montrezza Debt and More Class Warfare?”; “Big Labor and NLRB Twist Boeing’s Arm”) Headquarters: 2121 Alton Parkway, Suite 250 • December 13, 2011: Yaron Brook on Freedom Watch (Fox Business Network; video not yet available Irvine, CA 92606-4926 Phone: 949-222-6550 Fax: 949-222-6558 © The Ayn Rand Institute 2012. All rights reserved. Not to be reproduced on ARC-TV) without permission. ARI is a 501(c)(3) nonprofit organization. Contributions • December 8, 2011: Yaron Brook on Front Page (“The Euro Crisis”; “The Cain Train Derails”; to ARI in the are tax-exempt to the extent provided by law. “Obama’s Kansas Speech”) • December 3, 2011: Don Watkins on Front Page (“Did Obama Cut Taxes?”) • December 2, 2011: Don Watkins on Front Page (“The Tea Party Budget”; “Union Boss Praises Communist China”)

Employment Opportunities at ARI

ARI is currently recruiting for the • Writers/Analysts/Fellows—Domestic following positions: and/or International Policy Research

• Academic Programs Assistant If you are motivated, excited or intrigued • Book Publicity Strategist by any of these challenging and unique • Instructor opportunities, ARI would like to hear from you. Please visit aynrand.org/employment for • Senior Instructor more information.

Annual Atlantis Legacy Donor List: Is Your Name Included?

he Atlantis Legacy, ARI’s planned giving program, acknowledges donors who have arranged bequests and other legacy Tgifts to the Institute, and highlights the importance of such gifts to our ongoing success in advancing Objectivism. In the January issue of Impact each year, we enclose the annual list of Atlantis Legacy donors. If you have arranged a bequest or other planned gift to ARI and would like to be recognized on next year’s list, we ask that you provide written permission for ARI to publish your name. In this regard, please contact Gift & Estate Planning Manager Kathy Cross at 732-242-9408 or [email protected]. You may also visit atlantislegacy.org/participate to download the Atlantis Legacy Confidential Response Form, the mechanism for granting your permission. Through their long-term commitments, Atlantis Legacy donors take part in shaping the future of the Institute and creating the world “as it might be and ought to be.” We are most grateful for their support and dedication.

of the enclosed envelope or email your request to Impact by Email [email protected]. In place of the print edition, ARI donors may opt to receive Impact by email each month. The email edition saves ARI $30 annually per donor on printing and mailing costs. To start receiving Impact by email, please see instructions in the lower-right-hand corner

4 “. . . anyone who fi ghts for the future, lives in it today.”

The Atlantis Legacy The AtlantisAtlantis Legacy,Legacy, thethe plannedplanned givinggiving programprogram ofof thethe Ayn RandRand Institute,Institute, acknowledgesacknowledges donorsdonors whowho havehave arrangedarranged bequests and other estate gifts to ARI, andand highlightshighlights thethe importanceimportance ofof suchsuch giftsgifts toto thethe Institute’sInstitute’s ongoingongoing successsuccess inin advancing AynAyn Rand’sRand’s philosophyphilosophy ofof Objectivism.Objectivism. TheThe AtlantisAtlantis Legacy Legacy donors donors whose whose names names appearappear herehere havehave grantedgranted theirtheir permission to be publishedpublished on this annual list, whichwhich isis cumulativecumulative throughthrough 2008.2011. (Names(Names inin blueblue inkink indicateindicate deceaseddeceased donors from whose estates ARI eithereither receivedreceived aa legacylegacy prior prior to to 2008 2011 orand/or will receive will receive a legacy a legacyin the infuture.) the future.) Through Through their commitment,their commitment, these theseindividuals individuals take parttake inpart shaping in shaping the future the future of the of Institute the Institute and creatingand creating the worldthe world “as it “as might it might be and be oughtand ought to be.” to Thebe.” TheAyn RandAyn Rand Institute Institute is deeply is deeply grateful grateful for, andfor, honoredand honored by, their by, their support support and anddedication. dedication.

Pini AbecassisPini Abecassis and Renée and CharlandRenée Charland KatherineKatherine K. Cross K. Cross RuthWilliam Beebe R. HermanHill Barbara E.Barbara Akin E. Akin Casey Caseyand Judy and JudyCummings Cummings WilliamRon Hickman E. (Bill) Holt Guy AllbeeGuy Allbee GregoryGregory J. Czora J. Czora DanaNorman and andSylvia Maralyn Honeycutt Hill Doug ArendsJohn and Betty Allison ThomasJanet Edward Dales da Silva LeoRuth T. HookBeebe Hill Doug Arends Thomas Edward da Silva William E. (Bill) Holt Jerry Armbruster Janet Dales Jerry Armbruster Diane H. Davis and Henry A. Haberman NormaDana andHorvitz Sylvia Honeycutt Bryan andBryan Beverly and ArmentroutBeverly Armentrout DianeJohn H. Davis and Dianne and Henry Dawson A. Haberman JohnLeo F. T. Howe Hook Rex ArnettRex Arnett John andPeter Dianne Demos Dawson MarkNorma and Horvitz Susan Hurt Jim AxtellA. and J. Arnold Duane Worthington Peter JosephDemos and Mary Ann DeRaad JayJohn Hyman F. Howe Dwane andJim Dawn Axtell Bacak and Duane Worthington JosephCatherine and Mary Dickerson Ann DeRaad BarbaraJoyce and Jackson Peter Hunt Dennis BaldwinDwane and Dawn Bacak CatherineDavid Dickerson Disheroon JoshMark Jaffe and Susan Hurt Gregory BalkanDennis Baldwin TimothyTimothy DiVeto DiVeto AlbertJay Hyman Jakira Brian BambroughGregory Balkan and Mary Ann Eldred JamesJames A. Dixon A. Dixon HorstBarbara Jepsen Jackson John C. Ball Ken Douglas George T. Bandow Stephen Dourson RebeccaJosh Jaffe Wrenn Jones Brian Bambrough and Mary Ann Eldred Stephen Dourson Albert Jakira John and GeorgeSheila T.Banning Bandow David DavidDrumm Drumm GodfreyHorst Jepsen Joseph George BarkerJohn and Sheila Banning ThomasThomas Dungey Dungey EricRebecca Kalin Wrenn Jones Guy BarnettGeorge Barker SalvatoreSalvatore and Dianneand Dianne Durante Durante AdriGodfrey Kalisvaart Joseph Carl B. BarneyGuy Barnett Jeri EaganJeri Eagan and Dwyaneand Dwayne Hicks Hicks BennettEric Kalin Karp Batia and CarlSol BarseverB. Barney Alan EgusaAlan Egusa DoloresAdri Kalisvaart Kasmar Douglas andBatia Helen and Sol Basberg Barsever Todd MagdaleneR. Emoff P. Eickhoff AllanBennett and Karp Marilyn Katz Paul and MaureenDouglas and Beecy Helen Basberg Neil andMichael Barbara Ellison Erian TomDolores and KasmarJudy Kempf William J.Paul Belton and Maureen Beecy Betty EvansTodd R. Emoff HarryAllan Richard and Marilyn King Katz Robert Begley Neil Erian John W. Keel, Jr. David Benander Dick Ewart Rachel Knapp William J. Belton Betty Evans Tom and Judy Kempf Leora BergerDavid Benander GabrieleLudwig Ewerts K. Everett JoeHarry Kroeger Richard King Mike and BurtonJudy Berliner and Leora Berger ThomasDick Fahrner Ewart NickRachel Kydonieus Knapp Ronald S.Mike Berman and Judy Berliner Bill FaulknerThomas Fahrner KathleenRalph H. LaBelle and Gabrielle M. Kotoski John F. Berridge,Ronald S. Jr. Berman SimonBill Federman Faulkner PatrickJoe Kroeger and Nancy Laney Alan BertramJohn F. Berridge, Jr. PhilipSimon Fisher Federman ThomasNick Kydonieus D. Lannert Harry BinswangerAlan Bertram Jeff FlasterDavid L. Feller HeikeKathleen Larson LaBelle Roy K. BirdHarry Binswanger and Jean Moroney StefaniePhilip Fuhrman E. Fisher, Sr. BurgessNancy LaughlinLaney Tony Biz andRoy K.Jeanne Bird Lim-Biz Larry JeffE. Fulks Flaster FrancisPatrick M. Laney Lavin Tony Biz and Jeanne Lim-Biz Stefanie Fuhrman Thomas D. Lannert Donley J. Blair Linda Gates and Shane Garibian Donley J. Blair Larry E. Fulks AndrewSteven LaymanLansman and Linda Mann John R. BlasingJohn R. Blasing AdamWilliam S. Gaver and Rosemary Gately TamiHeike K. LarsonLefko Charles BloomfiCharles eldBloomfield MarilynLinda George Gates and and ShaneTed Gray Garibian GenieBurgess Lemos Laughlin Sylvia BokorBrian Blum David AdamS. Gilbert S. Gaver JeffreyFrancis Leone M. Lavin Edmund A.Sylvia Bonczyk Bokor II Terry Marilynand Jeri George Goodkind and Ted Gray JanAndrew and Edwin Layman Leopold and Linda Mann Thomas andDan Susan and Tal Bowden Boldo Allan DavidGotthelf S. Gilbert PeterTami and K. LefkoCristina LePort Sandra andEdmund Greg BowyerA. Bonczyk II StevenTerry L. Grace and Jeri Goodkind AshleyGenie Wells Lemos Lewis Jim and SandiThomas Brents and Susan Bowden Dale GraessleBrian R. Goss JohnJeffrey and Leone Casey Lewis Sandra and Greg Bowyer Yaron and Revital Brook Jim Graham GinaJan Liggettand Edwin Leopold Jim and Sandi Brents Steven L. Grace Peter and Cristina LePort Alan and YaronSherry and Brosof Revital Brook MaryannDale Grau Graessle MarilynAshley andWells Peter Lewis Llewellyn Gregory BruellAlan and and Sherry Pamela Brosof Reinagel ChuckJim and Graham Dee Gray GeorgeJohn and H. CaseyLloyd Lewis M. 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Hall MichaelMatthew and Mansfield Elizabeth Martz Michael andVictor Lisa R. Coffman Clark CharlesRichard M. Hammill M. Hall, Sr. ConstanceDonald I. MarlerRenaker Mason Milton andMichael Adrina and Cohen Lisa Coffman StephenFredric Harper Hamber JohnGlen and Marsh Char McCaskey Ray and MarcelaMilton and Cole Adrina Cohen David CharlesP. Hayes M. Hammill R. MichaelReed McGrew and Elizabeth Martz Michael CongerJames G. Comer and Roberta Zall RichardRyan and Andrew Sonya Hanson Healy AlanConstance McKendree Renaker Mason Pat CorviniMichael Conger Mary HeinkingStephen Harper ShirleyR. Reed Merzon McGrew Jack CrawfordPat Corvini HerbertBen Heller E. Hatfield III JoeAlan A. MeuthMcKendree Jack Crawford David P. Hayes Shirley Merzon Jason CrawfordJason Crawford Judy HembergerRichard and Sonya Healy ElizabethJoe A. Meuth and Jeremy Michiels John CristyJohn Cristy WilliamMary R. 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“I like the idea of my money continuing to fight ght f oforr A yAynn R aRand’snd’s ide ideasas i nintoto th thee indefinite future, even after er I’ mI’m gone. gone. IInn aa wway,ay, iit’st’s aa fformorm ooff iimmortality:mmortality: toto bebe ffunding,unding, bbeyondeyond mmyy liflifetime,etime, a wworld-changingorld-changing iinstitution.”nstitution.” ——HarryHarry BBinswanger,inswanger, phphilosopherilosopher

InIn MemoriamMemoriam In 2011, ARI received a legacy from the estate of the following donor: In 2008, ARI received legacies from the estates of the following donors:

Thomas S. Porter Michael Ellison Paul C. Wolfgang, Jr. 1942–2008 1947–2007 1928–2008

KathyKathy CrossCross TheThe A Aynyn RandRand InstituteInstitute GiftGift & & Estate Estate PlanningPlanning ManagerManager 21212121 Alton Alton ParkwaParkway,y, Suite 250250 732-242-9408732-242-9408 IrIrvine,vine, CaliforniaCalifornia 92606 [email protected]@aynrand.org wwwatlantislegacy.org.atlantislegacy.org