Hedge-fund manager Barry Colvin raises funds for ARI outpost in NYC

A new article in the Wall Street Journal begins:

Forget tea leaves: Wall Street is turning to Ayn Rand for guidance.
Hedge-fund manager Barry Colvin has raised $60,000 to start a Greater New York outpost of the Ayn Rand Institute, the first chapter in the country for the Irvine, Calif.-based nonprofit dedicated to the late free-market philosopher and novelist.
“The idea is on-the-ground reconnaissance,” said Mr. Colvin, vice chairman of Chicago-based Balyasny Asset Management. Mr. Colvin contributed the bulk of the funds but rallied donors for the rest.
“It’s our civic duty to pound the table about making people challenge their own ideas behind what they think the role of government should be,” he said.
As a kick-off, Mr. Colvin will co-host a series of debates next month on freedom, government and capitalism with Demos, a public-policy research and advocacy group based in New York.

The Stuxnet story: Better than fiction

If you haven’t already seen it, don’t miss the story “Mystery Surrounds Cyber Missile That Crippled Iran’s Nuclear Weapons Ambitions.”
I found myself marveling several times at the brilliance and ingenuity of Stuxnet. The way it unfolded on the world stage seems like the sort of “series of mysterious events” that could have been in Atlas Shrugged, were it written today rather than in the 1950s.

Great story: Jaroslav Romanchuk teaching free market principles to Burmese dissidents

Kelley Currie at The Weekly Standard blog has this beautiful anecdote about our beloved Jaroslav:

I met Romanchuk about a decade ago in Thailand, of all places. He was sent to me by colleagues at the International Republican Institute, where I was working at the time, to help with a problem I was having with my Burmese dissidents. They were good guysâ??committed to democracy and willing to risk their lives for it. They were also big admirers of Communist economic theories, and did not seem to understand the infrangible link between the economics of Marxism and its political tyranny. My attempts to get them to read the Economist and Adam Smith were going nowhere, so I got the idea that it might help them to hear from someone who had actually lived under a Communist system and had run away from it screaming.
Enter Romanchuk. He was as close to a pure Ayn Rand-spouting Objectivist as I have ever met, not to mention an incredibly brilliant economist who gave my well-intentioned Burmese dissidents brain cramps when he clearly explained how oppressive an economy based on redistribution and “social justice” actually was in real life. You could have heard a pin drop when he told them about the unsuccessful attempts on his life as a result of his work with an opposition political party under Lukashenko’s dictatorship. He also exhibited an unbelievably foul sense of humor and could, naturally, drink us all under the table, which he proceeded to do every night. Because he had street credibility, the Burmese dissidents could relate to him immediately. They never stopped asking for me to bring him back for a second round, but unfortunately I was unable to do so.

See her full blog post for more context for this anecdote.

Responses, from various parties, to John McCaskey's resignation from the Ayn Rand Institute and Anthem Foundation

As an update to the news in our earlier post, in response to John McCaskey’s resignation from the Ayn Rand Institute and The Anthem Foundation, The Intellectual Activist‘s Robert Tracinski has published “Anthemgate,” Paul and Diana Hsieh published “The Resignation of John McCaskey: The Facts,” and The Objective Standard‘s Craig Biddle has just published “Justice for John P. McCaskey.”

Ayn Rand's "Intellectual Bankruptcy" manuscript coming up for auction in New York on June 18th

From reader Caroline Johnson:

An original Ayn Rand manuscript will be up for auction at Sotheby’s New York on Friday, June 18 at 10:00 AM. This is the first major original Rand manuscript to come to auction in many years, and Sothebys has noted that handwritten Rand manuscripts of this size are rare at auction.
This work is Rand’s manuscript for her first speech at Ford Hall Forum, “The Intellectual Bankruptcy of Our Age,” delivered on March 26, 1961.