Study Ayn Rand’s Ideas

IRVINE, CA, July 30, 2009–The Objectivist Academic Center (OAC)–a four-year educational program offered by the Ayn Rand Institute–is accepting its final round of applications for the 2009-10 academic year. The OAC is designed for motivated students who want to study Ayn Rand’s ideas in a systematic fashion, under the guidance of ARI’s top intellectuals.

“Students of Ayn Rand’s philosophy, Objectivism, know that it is a rich, complex system that can take years to fully understand when studied on one’s own,” said Debi Ghate, vice president of Academic programs at ARI. “Those students who are seeking an in-depth understanding of that system come to the OAC, where they receive an unparalleled education in Objectivism and in the art of objective thinking and communication.”

The OAC is especially designed for full-time college students to supplement their university education, although others may apply. Visit http://www.objectivistacademiccenter.org/ to find more about the program, as well as an online application. There are a limited number of spots available, and the deadline to apply is July 31, 2009.

There Is No Right to Health Care

July 23, 2009

Washington, D.C.–President Obama’s health care reform is being driven by the idea that people have a right to health care and health insurance coverage. “This is wrong,” says Yaron Brook, executive director of the Ayn Rand Center.

“There can be no such thing as a ‘right’ to products or services created by the effort of others, and this most definitely includes medical products and services. Rights, as our Founding Fathers conceived them, are not claims to economic goods, but to freedoms of action.

“You are free to see a doctor and pay him for his services–no one may forcibly prevent you from doing so. But you do not have a ‘right’ to force the doctor to treat you without charge or to force others to pay for your treatment. The rights of some cannot require the coercion and sacrifice of others.

“A real and lasting solution to our health care problems requires a rejection of the entitlement mentality in favor of a proper conception of rights.”

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Record Number of Students Enter the Ayn Rand Institute’s “Fountainhead” Essay Contest

Irvine, CA, July 7, 2009–More than 7,000 high school students, a record number, have entered the Ayn Rand Institute’s annual “Fountainhead” essay contest, which will award the winners a total of $43,250 in prizes.

First published in 1943, The Fountainhead tells the heroic and fascinating story of Howard Roark, an intransigently independent architect who stands against society’s conventions and refuses to compromise his standards in work and in life.

Open to 11th and 12th graders, the “Fountainhead” essay contest requires contestants to write on one of several topics dealing with the characters and themes in the novel. The contest is designed to promote critical thinking and writing skills. Essays are judged on both style and content.

According to Marilee Dahl, ARI’s education manager, “Judges look for writing that is clear, articulate and logically organized. Winning essays must demonstrate an outstanding grasp of the philosophic meaning of The Fountainhead.”

Since 1985 more than 200,000 high school students from around the world have entered ARI essay contests and received more than a half a million dollars in prizes.

The first prize winner for the “Fountainhead” essay contest this year will take home $10,000; 5 second-prize winners will receive $2,000 each, and 10 third-prize winners will receive $1,000 each. In addition, 45 finalists will get $100 each and every one of the 175 semifinalists will get $50.

More information about this year’s competition can be found at http://aynrand.org/contests.

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To interview Ms. Marilee Dahl or for more information on ARI’s educational programs, please contact media@aynrand.org

 
Ayn Rand Scholars and Fans Gather in Boston

July 1, 2009

Irvine, CA On July 3rd the Ayn Rand Institute will hold its annual Objectivist Summer Conference (OCON) at the Seaport Hotel in Boston.  From all over the world admirers of the late novelist and philosopher Ayn Rand will gather for nine days of intellectual stimulation and fellowship.
 
OCON will feature classes by the world’s leading Objectivist scholars and businessmen, such as BB&T Corporation Chairman John Allison, and the President and CEO of Hutchinson Technology, Wayne Fortun.  Ayn Rand Institute president and executive director Yaron Brook will also be giving a course on the causes of the financial crisis. 

“OCON is a very unique opportunity for enthusiasts of Ayn Rand to associate and discuss Objectivist ideas”, Dr. Brook said. “For many of our conferees this is their only, and most cherished, vacation of the year.”

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Each school year ARI distributes promotional flyers that offer free classroom sets of Ayn Rand’s novels to English and language arts teachers, department heads and principals, as well as selected counselors and high school administrators. “This offer,” said Marilee Dahl, ARI’s Education department manager, “is available to both public and private high schools throughout the United States and Canada.”

“Each teacher who requests these books,” explained Ms. Dahl, “receives a classroom set of the novels, along with a teacher’s guide, lesson plans and information about ARI’s annual Anthem, Fountainhead and Atlas Shrugged essay contests. We also offer phone and e-mail support to teachers, as needed, to facilitate their teaching of the books in their classes. The response has been fantastic and a very positive sign for America’s future.”

More information on the Free Books to Teachers program is available at the Ayn Rand Institute’s Web site.

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To interview Ms. Marilee Dahl or for more information on ARI’s educational programs, please contact: media@aynrand.org

The speaking tour includes the following appearances:

 February 9: University of Texas, Austin.
 February 10: University of Alabama, Tuscaloosa.
 February 11: University of Georgia, Athens.
 February 12: University of North Carolina, Charlotte.

According to Dr. Lockitch, “The theory of evolution is often disparaged by its opponents as being ‘just a theory’, a speculative hypothesis with little basis in hard, scientific facts. But this claim carries with it the implied accusation that Charles Darwin was ‘just a theorist’, an armchair scientist whose life’s work was nothing more than an exercise in arbitrary speculation. A look at Darwin’s pioneering discoveries, however, reveals the grave injustice of this accusation.” As Dr. Lockitch explains in his talk, “Darwin was not ‘just a theorist’ and evolution is not ‘just a theory.’”

In this speaking tour, which also celebrates the 150th anniversary of the publication of Darwin’s masterpiece On the Origin of Species, Dr. Lockitch explores Darwin’s life and work, focusing on the steps by which he came to discover and prove the theory of evolution by natural selection.

And come March, once that new money has disappeared down the Detroit drain hole, renewed pleas for aid will undoubtedly land on President Obama’s desk. Will the new chief executive emulate Bush, bowing to the anti-bankruptcy sentiment fomented by Rep. Barney Frank, chairman of the House Financial Services Committee, and others who advocate bailing out the Detroit automakers? Or will he let the bankruptcy courts take charge?

“There’s only one thing you can do in bankruptcy that you can’t do outside of bankruptcy–break your word, break your deals,” said Frank in a “60 Minutes” interview. “It allows you to say to the small businesses who have been catering lunches for you, ‘sorry, we’re not paying you.’ It allows you to go to the workers and say, ‘sorry, we’re not paying you.’”

Really? So bankruptcy is a get-out-of-jail-free card that allows treacherous companies to escape payment obligations they would otherwise have to honor? Sorry, Mr. Frank, but that’s a fantasy.

Plodding behemoths like General Motors are not even eligible for bankruptcy until they’ve become insolvent, which means they already can’t pay their bills and have no prospects for recovery. What bankruptcy does is treat the victims of those broken deals fairly–by preventing the bankrupt company from playing favorites among unpaid creditors, and by giving those creditors a big say in the distressed company’s future.

If an automaker can return to profitability by streamlining products, cutting staff, or closing plants, a bankruptcy judge can allow a reorganization. But a company that’s hopelessly floundering may have to be liquidated through an orderly sale of assets, with income paid to creditors according to their existing contract rights.

Yes, Mr. Frank, some creditors walk away from a bankruptcy empty-handed, or collect only pennies on each dollar of debt. Caterers, assembly-line workers, material suppliers, landlords–everyone who does business with a company in a market economy assumes a risk of nonpayment. But that needn’t spell disaster if creditors take steps in advance to confine the pain of bankruptcy within reasonable limits. Wise businessmen check on credit histories, set limits on outstanding balances, and register liens on hard assets. Even unions can protect their members, such as by having pension funds placed in trusts sheltered from bankruptcy proceedings.

Under bankruptcy, the risk of financial loss stays right where it belongs, on those who assumed the risk of non-payment by voluntarily dealing with a badly managed company. But in Barney Frank’s bailout universe, Congress can simply paper over the reality of business failure by shifting those losses to taxpayers, competitors, and consumers–in short, everyone who doesn’t deserve to pay.

This means that if GM’s caterers don’t get paid for the hors d’oeuvres served to CEO Rick Wagoner and his team of corporate bailout beggars, you and I must foot the bill. And if UAW members fear losing the staggeringly high wages and benefits they’ve extorted over decades using pro-union legal privileges, society must ride to their rescue.

But shifting the financial pain of business failure onto society at large is unjust. Most obviously, taxpayers shouldn’t be forced to prop up failing companies’ balance sheets. But other victims abound. Think of the profitable competitors with hard-earned credit standings, watching with justified resentment as badly managed rivals line up at the public trough.

Consumers, too, pay a price for bailouts. Bailed-out firms flood the market with inferior products–GM cars, anyone?–by continuing to own assets that would have gone to making more desirable products if market forces had ruled. Just picture today’s city streets if the horse and buggy industry had been bailed out a century ago.

Is General Motors to become a brain-dead patient in a Federal bailout ward, languishing on tax-funded life support beyond all hope of recovery? Not if Congress steps aside and lets the bankruptcy courts do justice through adjudication.

Impact, which remains available in a print edition for ARI donors of $35 or more each year, delivers the latest news and progress reports on ARI’s programs, along with interviews of Objectivist intellectuals and monthly highlights of different aspects of Ayn Rand’s philosophy.

The new, free electronic format will serve as an excellent way of introducing newcomers to ARI’s goals and programs. Additionally, visitors may now view a three-part introductory video on ARI’s home page, which provides information about Ayn Rand, Objectivism, and the Ayn Rand Institute.

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