Health Care is Not a Right

Health Care Is Not a Right

Washington, D.C., July 27, 2009–President Obama’s push for universal health care rests on the premise that people have a right to medical care and medical insurance. “This is wrong,” said Yaron Brook, executive director of the Ayn Rand Center. “This notion of some sort of entitlement to health care is a distortion of the concept of a ‘right’ and is ultimately what’s behind all of the problems with today’s medical system.

“Philosopher Leonard Peikoff explained the basic point in a 1993 speech (view the video or PDF) given in the context of HillaryCare. It applies equally to Obama’s ‘reforms.’ Peikoff argued that ‘all legitimate rights have one thing in common: they are rights to action, not to rewards from other people. The American rights [to life, liberty, property, and the pursuit of happiness] impose no obligations on other people, merely the negative obligation to leave you alone. The system guarantees you the chance to work for what you want–not to be given it without effort by somebody else. . . . Under the American system you have a right to health care if you can pay for it, i.e., if you can earn it by your own action and effort. But nobody has the right to the services of any professional individual or group simply because he wants them and desperately needs them. The very fact that he needs these services so desperately is the proof that he had better respect the freedom, the integrity, and the rights of the people who provide them.”

For more information on the Ayn Rand Center’s position on health care, please visit our Web site.

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Atlas Shrugged Selling in Record Numbers

Atlas Shrugged Selling in Record Numbers

Irvine, CA, July 13, 2009–Penguin USA, publisher of the four American editions of Ayn Rand’s Atlas Shrugged, has reported that in the first half of 2009 it shipped well over 300,000 copies of Atlas Shrugged to distributors, bookstores, bookstore chains, online resellers, libraries, businesses and other institutions.

As Dr. Yaron Brook, executive director of the Ayn Rand Institute, noted, “Considering that in the first half of 2008 Penguin shipped about 85,000 copies, the spectacular jump to 300,000 copies in the first half of 2009 represents an increase of almost 250 percent in gross sales of Atlas Shrugged!

Reports from industry sources indicate that more copies of Atlas Shrugged were sold in book stores and by online resellers in the first half of 2009 than in all of 2008, when a new all-time annual record was established with more than 200,000 copies of the novel sold in the United States.

“The spike in sales of Atlas Shrugged more than a half century after its initial publication is truly remarkable,” Dr. Brook pointed out. “Annual sales of Atlas Shrugged have been increasing for decades to a level not seen even in Ayn Rand’s lifetime. Sales of the U.S. paperback editions averaged around 70,000 copies a year in the 1980s, and doubled to about 140,000 copies a year in the current decade. And the pace of sales has been accelerating recently, reaching an all-time high during the novel’s 50th anniversary in 2007, surpassing this mark in 2008, and on course to set another record in 2009.”

Almost 7,000,000 copies of Atlas Shrugged have been sold since it was first published in 1957.

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Ayn Rand Scholars and Fans Gather in Boston

 
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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Over a Million Ayn Rand Novels in Classrooms This Year

IRVINE, CA, May 18, 2009–As part of its mission to promote Ayn Rand’s ideas in today’s culture, during this school year the Ayn Rand Institute (ARI) shipped 350,000 free copies of Anthem, The Fountainhead and Atlas Shrugged to high school teachers across North America. Adding these books to those sent in recent years, and which remain in classrooms today, ARI estimates that more than 1 million students studied Ayn Rand’s novels in 25,000 classrooms this year. More than 32,000 teachers and 1.4 million students have participated in this program since it began in 2002. The program is funded through the generosity of ARI’s contributors.

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

Let Bankruptcy Courts Take the Wheel

General Motors, having sucked up $9.4 billion of taxpayer cash since Christmas, now desperately craves the remaining $4 billion authorized by President Bush for disbursement in February.

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.

How to Stop the Next Madoff

Washington, D.C.–“Want to stop the next Madoff? Gut the SEC,” says Yaron Brook, executive director of the Ayn Rand Center for Individual Rights.

“Part of the reason Madoff’s misdeeds went undetected is that the Securities and Exchange Commission spends most of its time doing things the government has no business doing. The only legitimate job of a securities law enforcement division is to protect investors against the specific crimes of theft, fraud, and breach of contract.

“But the SEC plays a much different role. Its mandate is to attempt to make investing ‘safe’ by controlling every aspect of financial markets, from dictating the composition of mutual fund boards to mandating public release of executive compensation numbers that shareholders want kept private to determining when executives are allowed to sell stock–‘insider trade’–instead of leaving that to the discretion of a company’s owners.

“In pretending to guarantee to investors that their investments are sound, which is impossible, the SEC encourages the kind of blind group-think that characterized the Madoff investors. And with the SEC devoting itself to a sprawling array of elaborate witch-hunts, such as the ‘insider trading’ case against Mark Cuban, what time or attention does it have for real fraud?

“The answer–as is clear from the fact that a 29-point, 17-page report on Madoff, submitted in 1999, 2001, and 2005, entitled The World’s Largest Hedge Fund is a Fraud slipped through its cracks–is none.”

 

Let Airlines Decide Who Boards Their Planes

Washington, D.C.–A 29-year-old Middle Eastern man who insisted on occupying the window seat closest to the cockpit while wearing a T-shirt saying, in Arabic and English, “WE WILL NOT BE SILENT,” has been paid $240,000 to drop his discrimination lawsuit. Raed Jarrar had sued JetBlue and two federal security officers for having made him cover the T-shirt and sit in the rear of the plane, to mollify passengers who felt threatened.

“It’s an injustice when a private airline is penalized for exercising its rights as an owner,” said Thomas Bowden, an analyst at the Ayn Rand Center for Individual Rights. “Property owners are entitled to set standards for conduct, including dress codes, that their customers must observe when using company property. If a potential customer finds those standards unreasonable, he is free to take his business elsewhere.

“Here, JetBlue should have been legally entitled to forbid Mr. Jarrar from frightening other passengers aboard its privately owned jetliner. In deciding the matter, JetBlue had a right to consider that Mr. Jarrar’s behavioral and physical profile resembled that of terrorists who have left a trail of blood and bone across the globe, both before and after destroying the World Trade Center with hijacked airliners in 2001.

“Now, however, Mr. Jarrar is a quarter-million dollars richer because our anti-discrimination laws forbid businesses to use their own judgment in these matters.”

Obama’s Backward Economics

Washington, D.C.–“Barack Obama claims that Americans can only stave off economic disaster by trillions in government spending–which means trillions of dollars taxed or borrowed to finance government make-work programs,” said Yaron Brook, executive director of the Ayn Rand Center for Individual Rights.
 
“Obama-nomics couldn’t be more wrong.
 
“Prosperity requires that the government drastically cut government spending. That way, as much real capital as possible will remain in private hands, and be put to productive use by entrepreneurs to create valuable goods and services to sell at home and abroad. By taxing and inflating our wealth away, Obama will simply be creating more of the crushing debt that brought about the current crisis.”
 
“You don’t put out a fire with more gasoline. And you don’t end a recession by destroying capital.”

Atlas Shrugged Essay Contest Pays $24,000 in Prizes

IRVINE, CA–University of California Los Angeles undergraduate Robert Sanders, from San Jose, CA, is the winner of the Ayn Rand Institute’s annual “Atlas Shrugged” essay contest, for which he received a prize of $10,000.

Open to 12th graders and both undergraduate- and graduate-level college students, the “Atlas Shrugged” 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.

With 1,917 contestants, 2008 was the most competitive year in the contest’s history. The previous record was 1,647 contestants in 2003.

The following students have won this year’s second and third prizes:

Second-prize winners ($2,000):

Gregory Arney, Berklee College of Music, Boston, MA
Ryan Krause, Indiana University, Bloomington, IN
Margaret Wray, Cornell University, Ithaca, NY

Third-prize winners ($1,000):

Abigail Chernick, Mount Holyoke College, South Hadley, MA
Cadmus Kyrala, University of Birmingham, Birmingham, United Kingdom
Melanie Martin, University of California at Santa Barbara, Santa Barbara, CA
Ryan Menezes, University of Pennsylvania, Philadelphia, PA
Tay Tufenkjian, George Washington University, Washington, DC

The contest also awards 20 finalists ($100) and 20 semi-finalists ($50). A complete list of winners and a copy of the first-prize essay can be read online at the Ayn Rand Institute’s website.

U.S. Should Help Crush Hamas

Washington, D.C. – In response to the Hamas bombardment of Israel, Washington must encourage and help Israel to annihilate that Islamist group, once and for all.

The failure to wipe out Hamas on previous occasions has encouraged Palestinian terror groups. It teaches Islamists that their terrorist war will be rewarded, that their quest to destroy Israel–and ultimately America–is achievable.

To put an end to Hamas’s brazen aggression, the jihadist group must be defeated. It is proper and necessary for America to aid and bolster Israel, its one true ally in the Middle East, in the face of a common enemy.

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