Given Ayn Rand’s passionate defense of profit, why is the Ayn Rand Institute a nonprofit organization?
Spreading rational ideas has rewards that are wider than a financial return. This is why thousands of people give copies of Atlas Shrugged or The Fountainhead to people who they think might respond to Ayn Rand’s art and philosophy. No one should imagine that passing on Ayn Rand’s works or speaking out in favor of her ideas has to be justified by a direct financial return. This is precisely the kind of activity that the Ayn Rand Institute exists to do—on a larger, more comprehensive scale than is available to a single individual. How would one make a profit by: providing speakers to college campus Objectivist clubs, running high school essay contests on The Fountainhead and Anthem, teaching and mentoring graduate students pursuing their doctoral degrees, distributing free copies of Ayn Rand’s work on epistemology to philosophy professors, publishing op-eds and letters to the editor, being interviewed on national TV and radio? Ayn Rand Institute acts as a paid agent for those who wish to
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