Authors Spotlight-WHY BUSINESSMEN NEED PHILOSOPHY

WHY BUSINESSMEN NEED PHILOSOPHY is a posthumous collection of essays by the great author and stalwart capitalist Ayn Rand and other objectivist intellectuals on why philosophy plays an important role in the world of capitalism. It is their argument that business influences everything from day-to-day decisions to the broadest issues of politics and economics. This unique collection of essays contains two hard-to-find works by Ayn Rand, “The Money-Making personality” and “An Answer for Businessmen.” Though you might not expect it, insightful business principles found in Rand’s writing include: • Do Businessmen Really Need Philosophy? By Dr. Leonard Peikoff. This essay is based on a presentation given to the Young President’s organization on January 12, 1995. Dr. Peikoff explores why businessmen are viewed so negatively in our culture. • Why is Business “Public Enemy #1”? In this essay, Ayn Rand describes how political power has been used negatively to affect the economic power of businessmen. • Doesn’t business require compromise? This essay was first published in 1966 in Capitalism: The Unknown Ideal in which Ayn Rand discusses three rules for helping understand how business principles work. • And more intellectual theories behind successful business practices and habits! Richard A. Ralston is the publishing manager of the Ayn Rand Institute. He has been the circulation director and publisher of The Christian Science Monitor, a radio producer, a national television news business manager, and a book publisher. He was the revision editor of two books by Ayn Rand in 2005: Three Plays and The Early Ayn Rand. Debi Ghate is the Vice President of Academic Programs at the Ayn Rand Institute where she also serves as a corporate officer. Ghate is the senior director of the Anthem Foundation for Objectivist Scholarship, a separate organization from ARI that supports scholarly work based on Ayn Rand’s corpus