NYC Junto Newsletter, July 2013: Junto coming back in Aug

July 17, 2013

* NEW Junto meeting Aug. 1
* Upcoming Junto speakers through Dec.
* NEW Celebrate American Independence Day, July 4th
* NEW Article about John Mackey at June Junto, Barron's site
* NEW "Atlas Shrugged" Reading Group, Sat., June 22, 3:00pm
* NEW NYC Ayn Rand Meetup, Sun., June 23, 3:00pm
* NEW On the horizon, five reasons to smile, by Tyler Cowen
* NEW 5th annual NYC Atlas Shrugged Revolution Dinner
* NEW Myth of Gatsby's suffering middle class, Amity Shlaes
* NEW Junto regular, Marty Reisman, still in the news
* NEW "Subconscious" military mystery movie to begin filming 
* NEW Objectivist Summer Conference 2013 is livestreaming
* NEW "Freedom Bridge" cold war thriller by Erika Holzer
* NEW How Adam Smith revived America's oil patch
* NEW Fox News defends free speech with moral clarity
* NEW Homeschooling family shows children can learn more
* NEW 2012: Ayn Rand sells a million books in one year, again
* NEW What Smithfield means -- The shape of things to come
* NEW Will Obama ask Xi Jinping how to spy on citizens?
* NEW What does selfishness mean
* NEW Ed Thompson, often at Junto, launches career in realty
* NEW Students for Liberty, dedicated to freedom
* NEW "Atlas" & other Rand novels, student Reading Projects 
* Free market and Objectivist groups and sites
* Fred Cookinham's five Ayn Rand walking tours
* Read and post to the Junto sites
* About this Junto newsletter

Junto is a group that shares information,
discusses current issues and presents speakers

Change of speaker:
Victor Niederhoffer, Junto founder and host,
will talk about his education of the last 10 years

Thursday, Aug. 1

Admission Free -- no reservation necessary
* We'll socialize from 7:00pm to 7:30pm 
  * 7:30pm moderator, Gene Epstein calls first for announcements
    of things happening before the next Junto. Then other
    announcements and for people introducing themselves.
* The speaker will begin promptly at 8:00pm.
* Most speakers will present their thoughts in several sections.
    Each section will have audience questions, discussions and
    rebuttal of the speaker's points.
* Discussions are intense but polite.
* The meeting will continue to 10:00pm or later.

General Society Library
20 West 44 St., between 5th and 6th Aves., NYC
near the Grand Central Terminal

* Junto meets on the first Thursday of every month
* Participation by all attendees is highly encouraged.
* 60 to 150 people attend most Juntos.

Victor Niederhoffer has specialized in trading futures and
options since 1979. He began his business career after studying
statistics and economics at Harvard (B.A. 1964) and the U. of
Chicago (Ph.D. 1969), and teaching at the U. of CA, Berkeley
    In 1965, he founded Niederhoffer, Cross and Zeckhauser,
Inc., which became one of the leading finders involved in
selling privately held firms to public companies.
    With Dan Grossman, his partner for 40 years, Niederhoffer
also bought many privately held firms.
    In the 1960s and 1970s, he wrote numerous academic articles
about markets that led to the founding in 1980 of a trading firm,
NCZ Commodities, Inc. (aka Niederhoffer Investments, Inc.).
    Niederhoffer Investments became one of the top financial
advisers in futures, options and stocks. George Soros said in
one of his books that Niederhoffer was the only one of his
managers who retired voluntarily from trading for him while
still ahead.
    Niederhoffer Investments returned 35% a year from inception
through 1996, when MAR ranked it the No. 1 hedge fund
manager in the world. Disaster struck the following year,
mainly because of excessive speculations in Thailand. Since
that time, Niederhoffer has been crawling back up the stairs,
not entirely without success.
    He began trading for his own account in 1998, after
mortgaging his house and selling his collection of antique
silver trophies.
    He began managing money for offshore clients in Feb. 2002,
investing his own money pari passu with the fund. [pari passu:
Wikipedia says: Latin phrase that literally means "with an
equal step" or "on equal footing." It is sometimes translated
as "ranking equally", "hand-in-hand," "with equal force," or
"moving together," and by extension, "fairly,"
"without partiality."]
    The firm employs proprietary programs that predict
short-term moves based on the interactions between
multivariate time series.
    From 2000-2003, Niederhoffer wrote a widely read weekly
column on the markets with financial journalist Laurel Kenner
for CNBC MoneyCentral (
    Their book, "Practical Speculation" (John Wiley & Sons,
Feb. 2003), was called "the best trading book of the young
millennium" by Active Trader magazine.
    Niederhoffer's life story, tips for studying markets and love
for his father, Arthur, were detailed in a previous book, the
1997 best-seller "Education of a Speculator:"
    Niederhoffer is proudest of having a benevolent influence
on people that came in contact with him. At least a dozen
employees whom he started out or taught became billionaires
or multi-centimillionaires, including Monroe Trout, Stu Rose,
John Hummer and Roy Niederhoffer, all of whom are famous
in money management or M&A.
    Niederhoffer's interests include the study and implementation
of counting, ecology, electronics, entrepreneurship, free markets,
music, sports, statistics, and strategy in checkers and chess.
    Favorite authors include Patrick O' Brian, Cervantes, Galton,
Rand, Jack Schaeffer, Hugo, Melville and Twain.
    He's well known in the field of racquet sports, where he was
the undefeated national squash champion for a decade (1965-
1975) and claimed the world squash title in 1976.
    He's married to Susan Cole Niederhoffer and has 7 children.
He believes the purpose of life is the pursuit of happiness and
achievement, and that the voluntary transactions that flow
naturally out of an enterprise system are the key to material
and personal freedom, and peace.

* The Junto Forum, read & post here:
* Visit Junto's site for information on current & past speakers,
    to read previous newsletters and to sign up for the Junto
* Visit Junto on Facebook:
* Follow Junto on Twitter:
Junto focuses on free markets, Objectivism and investing.
Our founder and host is Victor Niederhoffer.
    Visit his site at:
Please email the above text to your freedom loving friends
who might be interested in Junto.
    Feel free to use the above text to promote Junto among
free marketers, Objectivists and investors.

Come to Junto, meet these upcoming speakers:

* Sept. 5, Judge Andrew P. Napolitano, speaking on "Freedom
    Watch." Fox News sr. judicial analyst. Lectures nationally
    on U.S. Constitution, rule of law, civil liberties in wartime
    and freedom. Had "Freedom Watch" TV show on Fox News.
    His site:

* Oct. 3, David Stockman speaking about his book "The Great
    Deformation: The Corruption of Capitalism in America."
    Former businessman, US congressman and budget director
    under Ronald Reagan.

* Nov. 7, Charles Calomiris speaking about his book
    "Fragile by Design: Banking Crises, Scarce Credit, and
    Political Bargains." Columbia U. professor financial
    institutions. Task Force on Property Rights at Hoover Inst.,
    co-directs Project on Financial Deregulation at American
    Enterprise Institute. His blog:
    and his bio:

* Dec. 5 Victor Niederhoffer, speaking on " Deception in
    markets and life." Founder of the NYC Junto. These are
    two of his entries on deception at his site:  &
    Visit his site:

Celebrate American Independence Day, July 4th
    Sponsored by NY Objectivist/ NY Heros.
July 4, Thur., 4:00pm at northeast corner, Union Square Park.
It's at Park Ave. South and 17th St. which is also called
Union Square East, Manhattan
    On July 4th celebrate Independence Day by reading the
Declaration of Independence at the flagpole in Union Square
Park. The words are engraved on the base of the flagpole.
    After that enjoy some of the heroic statues in the park,
including George Washington and Lafayette.
    Then eat at a restaurant nearby. After that head towards the
Hudson River to watch the fireworks display.
    From "The Fountainhead" by Ayn Rand:
"Independence is the only gauge of human virtue and value.
What a man is and makes of himself; not what he has or
hasn't done for others."
    This NY Objectivists/NY Heros site says "hero" stands for:
    Human life
    Objective reality
The site is sponsored by two fellows who often attend Junto.
To see them, sign up and to learn who else is coming, go to:

Article about John Mackey at June Junto on Barron's site
    Whole Foods' CEO John Mackey on "Rebranding Capitalism"
"...Last Thursday, Mackey was invited by hedge fund manager
Victor Niederhoffer to address a generally like-minded crowd
of libertarians about his book. At the General Society Library
in New York City (20 West 44th Street), Niederhoffer held his
NYC Junto, an event which has been running on the first
Thursday of the month since 1985. Upcoming meetings will
host former Reagan budget director David Stockman and
Fox News senior judicial analyst Andrew Napolitano. The
discussions are moderated by Barron’s Economics editor
Gene Epstein followed by a Q&A.
    "Upon entering the library’s ground floor, I was greeted by a
table littered with libertarian materials ranging from discussions
of Rand and Hayek to a publication called The Gold Standard
Now. As the elusive audience of young professionals donned
in smart suits and silver haired baby boomers filtered into the
library, the lively group intermingled before everyone took
their seats. The 200-some-odd [I counted twice, we were 150]
packed crowd, with a few people standing in the back,
applauded Mackey as the casually dressed CEO was invited to
the stage. Mackey defended his book against tough questioning
with Epstein keenly easing into the CEO, first congratulating
him on a favorable debate with Milton Friedman in 2005
before digging deeply into a Powerpoint of his misgivings...."
    Read the rest at:

"Atlas Shrugged" Reading Group, Sat., June 22, 3:00pm
    A chapter a month. New York Objectivist Society
    3:00pm to 5:00pm
    (normally third Sat. of month but on fourth Sat. this month) 
    120 Park Ave., SW corner 42nd St. alt. entrance on 42nd St.
    It's a public space with tables and chairs.
Part III: A is A, Chapter 5: Their Brothers' Keepers
    This is the 25th chapter of this 30 chapter book.
There's a $5 fee to attend. It's given to the Ayn Rand Inst.
to give Rand's novels to high schoolers and home schoolers. 
    The reading group has only one rule: you can't integrate or
refer to material in the text that hasn't been covered yet by the
present discussion.
    Please read the chapter in advance in preparation for
the discussion.
    Moderator Robert Begley will give an analysis of each scene,
then open to comments and questions, before going to the next
scene. Ending with a discussion of the chapter title's meaning.
    Time frame -- beginning on September 2
1. Dagny: dealing  with copper shortages, and Meigs policy.
    With Jim and the Railroad Unification Plan.
2. d’Anconia nationalized, and destroyed. Jim Taggart's reaction.
3. Dagny dinner with Rearden. Francisco's parting message.
4. Rearden: with government officials. Phillip asks for a job.
    The Wet Nurse asks for a job. Divorce.
5. Minneapolis catastrophe.
6. Dagny: dinner meeting with leaders. Dealing with Taggart
   Terminal outage. Underground terminal with John Galt.
We will read aloud the scene with Dagny and Galt.
    Read about the group here:

NYC Ayn Rand Meetup, Sun., June 23, 3:00pm
    As always, we'll talk about Ayn Rand, her works, challenges,
Objectivist life, options, associations and knowledge.
    Give and take, open to all, no charge, no reservations.
It's at The Midtown Restaurant, 155 East 55 St., between
3rd and Lexington Avenues, mid-block on the north side
of 55th St., in Manhattan, free.
    There are usually one to two dozen people at each Meetup.
Benny Pollack, Ayn Rand Meetup organizer, says:"Join our
group of regular Objectivists for a lively discussion on topics
related to Ayn Rand and Objectivist philosophy in general.
    "Please join us. If you are already versed in the topic, want
to learn or just want to spend an intellectually stimulating
afternoon, please come. I hope to see you all there."
    Normally the Ayn Rand Meetup is on the last Sun. of each
month. This month is an exception, it's the Sun. before the last:

On the horizon, five reasons to smile, by Tyler Cowen
    Aug. Junto speaker, his Economic View column, NY Times
"The state of the economy is far from ideal, but some very
definite positives are brewing. It’s not just that we are continuing
to recover from a deep recession; we are also seeing signs that
America’s long-term future may be looking up, too.
    "...The nation’s high school graduation rate has risen...After
decades of stagnation, the graduation rate started to turn up
in 2000, and the growth has been robust for more than a decade.  
    "...a trend toward less expensive education and certification.
The examples are numerous: the Khan Academy offers free
online instruction in mathematics and other topics, and
Coursera and other companies have popularized online
courses for millions of users.
    "...The growth rate in health care costs has been slowing for
the last four years....much of the change appears driven by
efficiencies, rather than by the recent recession....
    "...We appear to be at the start of a new era of cheap energy.
Through advances in both oil and natural gas production, the
U.S. is again becoming a leading exporter of fossil fuels....
    "...the number of innovative young people worldwide has
never been higher. Countries like China, India, Brazil and
Russia, despite recent slowdowns in growth, still are making
progress in improving their educational systems and scientific
networks. That increases their ability to supply technological
innovations -- or scientists and entrepreneurs -- to the U.S....
    Read the rest at:

5th annual NYC Atlas Shrugged Revolution Dinner
to benefit the Ayn Rand Institute.
    Thur., Sept. 26, St. Regis Hotel, 2 E. 55th St., NYC
    * Ken Moelis, founder, CEO Moelis & Co., global investment
bank to corporations, institutions and governments. 
    He was at UBS, 2001 to 2007. President UBS Investment
Bank and previously Joint Global Head of Investment Banking.
He was at Donaldson, Lufkin & Jenrette 1990 to 2000. Head of
corporate finance. Serves U. Penn. Board of Trustees, Wharton
Board of Overseers, Board Tourette Syndrome Assoc., Board
of Governors Cedars Sinai. Undergrad degree, MBA Wharton.
    * Yaron Brook, pres, exec. dir. Ayn Rand Institute, author.
Former finance professor and businessman.
    6:00 to 7:00pm reception, 7:00 to 9:00pm dinner & program
Live auction proceeds to benefit Ayn Rand Institute.
    Tickets $1,000, Table Sponsorships begin at $10,000.
Learn more and register:

The myth of Gatsby’s suffering middle class, by Amity Shlaes
    This is from a Junto speaker's op-ed in the NY Times
"...In 1920, 35% of households had electricity. By 1930, [it]
was 68%. Electricity brought appliances into homes, including
electric irons and washing machines. The old drudgery was
reduced; women began to enjoy free time. They could even
fool around with another great innovation, the typewriter. In
short, being stuck in the middle class became more enjoyable
in the 1920s...." Read all of it at:

Junto regular, Marty Reisman, still in the news
    "The fight to save ping pong," article in the Wall St. Journal
tells about what's been going on since his recent death.
    "...Rec room historians love to tell the tale of Marty Reisman,
the skinny Jewish kid from Manhattan's Lower East Side who
entered that year's Table Tennis World Championships in
Bombay as the front-runner. Standing in Reisman's way was
the little-known Japanese player Hiroji Satoh, who used an
 unorthodox paddle fashioned with spongy rubber on each side.
Unlike the hard, sandpaper-sided paddles of the day, the sponge
allowed Satoh to manipulate the ball with vicious spins,
flummoxing his opponents. With his competitive advantage,
Satoh handily beat Reisman en route to the world title....
    "In the months since Reisman's death, his hardbat movement
has gained steam in ping pong bars and professional table-tennis
halls across the world. This past January, veteran English sports
promoter Barry Hearn organized the World Championships of
Ping Pong at the Alexandra Palace in London. The stock-car
style tournament forced players to use sandpaper paddles...."
    Read the rest at:

"Subconscious" a military mystery movie to begin filming 
    This feature film is now in production, of special interest
to anyone who served in the military, or who admires the
courageous people in the U.S. Armed Forces.
    Naomi Brockwell is in the cast. She's performed twice at
Junto and often attends.
    The story, though fiction, is inspired by true events. Set in
present day, a history professor at U.S. Naval War College, is
searching for facts behind the disappearance of his grandfather,
submarine commander World War II. He and his team learn
the truth goes deeper than anyone imagined.
    Much will be filmed on the real WWII submarine the U.S.S.
Lionfish. With the help of Battleship Cove Museum, Mass. and
the Naval War College, RI, it will be shot over a 2 weeks in
August and released spring 2014.  
    25% of all profits will be donated to military causes,
including Wounded Warriors, Battleship Cove Museum
and other veterans' organizations.
    Writer/directed Georgia Hilton, MPEG, MPSE, independent
producer with 15+ years' experience in film, TV, commercial
work. She's 4th generation military.
    She said: "My main inspiration was my family and my own
Navy background....My dream was to create a suspenseful
submarine film that all audiences will enjoy, and dedicate
it to our veterans. Much of the cast and crew are vets..."
    To raise funds Georgia has a Kickstarter campaign. It's the
"crowdfunding" site which 1,000s of worthy causes have used
to raise money. As a donor, you'll get credit and an array of
tangible rewards based on the level at which you contribute.
    They have till the end of June to make it happen. Kickstarter
rules: if they don't meet goal by July 1st, you won't be charged.
But the film may not be completed, so your help is needed.
    Many vets & military organizations have already contributed
their time and money. For more details on the project and a
video go to:

Objectivist Summer Conference 2013 is livestreaming
    This Ayn Rand Institute conference is in Chicago, July 5–11.
Ayn Rand called Objectivism "a philosophy for living on earth,"
and she taught that the purpose of philosophy is to help you to
have a more satisfying and productive life.
    With this in mind the first General Session is "The Moral and
the Practical." All Optional Course topics develop that theme.
    The 9 General Session talks and panels, and the 14 Optional
Courses, can all be bought livestreaming. They're real-time
but also accessible till this Aug. 15. Sign up for livestreaming:

"Freedom Bridge" cold war thriller by Erika Holzer
    "Collectivism means the subjugation of the individual to
a group -- whether to a race, class or state does not matter.
Collectivism holds that man must be chained to collective
action and collective thought for the sake of what is called
the 'common good.' " by Ayn Rand
    In this novel a Russian physician is ready to risk his life for
freedom in the West. His closest friend, a Soviet Air Force
officer tries to escape dictatorship. A famous American heart
surgeon & his journalist wife, are caught in web of defection.
The KGB colonel must prevent one defection, but orchestrate
another. Glienicker Bridge spans free West Berlin and
Communist East Germany. Freedom Bridge...or not?
    In print from Amazon, eBook from Kindle and other digital

How Adam Smith revived America's oil patch
    by Joel Kurtzman, Wall Street Journal, June 20, 2013
"...Natural-gas reserves are plentiful but not always easy to
recover. It took an individual entrepreneur, Texan George P.
Mitchell, to perfect the technology of hydraulic fracturing
beginning in the 1990s that has made so much more of the gas
    "Fracking technology is responsible for last year's 14%
increase in oil production....responsible for a drop in oil imports
and declines in carbon-dioxide emissions to 1993 levels....
    "America is one of the few countries where an individual
or company can own the resources that lie beneath the ground.
    "Almost everywhere else...the rights to minerals of all kinds,
including oil and natural gas, are claimed by the government....
As a consequence, there is much less incentive to innovate.
Why bother if you can't own what you produce, or you can't
profit except at a bureaucrat's sufferance?
    "...Companies like T. Boone Pickens's Clean Energy Fuels are
laying out a network of natural-gas filling stations on major U.S.
highways so that trucks, using new engines, can fuel up. New
pipelines, such as the one Spectra Energy proposes to connect
NY and NJ, are in the works, in addition to the 16,000 miles of
interstate natural-gas pipelines built over the past decade.
    "...A $400 billion swing from negative to neutral, or even to
positive, in the energy trade balance is something no one would
have predicted even a few years ago.
    "Letting markets do their work sometimes requires an act of
faith.... But when people are allowed to use market signals to
determine where and how to mobilize their creativity, resources,
energy and effort, amazing things can happen. Abundant
energy for the foreseeable future is one spectacular example."
    Read the rest at:

Fox News defends free speech with moral clarity
    by Robert Begley who often attends Junto. In The Objective
Blog: Daily Commentary from an Objectivist Perspective
    "Recently the Justice Department accused Fox News
correspondent James Rosen of criminally conspiring to publish
sensitive security information about how North Korea might
respond to new UN sanctions. In investigating this case, the
FBI seized Rosen's phone and email records.
    "In response, Fox News launched a principled defense of the
First Amendment...." Read the rest at:

Homeschooling family shows children can learn more & faster
    by Robert Begley who often attends Junto. In The Objective
Blog: Daily Commentary from an Objectivist Perspective* r
    "The well-documented abysmal failure of government schools
has prompted a homeschooling boom, as many parents have
chosen to retain or regain control of their children's education
instead of leaving it in the hands of the state. 
    "One inspiring example comes by way of the Harding family...
six oldest Harding children reached college by age 12..."
    Read the rest at:

2012: Ayn Rand sells a million books in one year, again
    Thirty years after her death, the novelist-philosopher is still
selling a lot of books. In 2012 her novel "Atlas Shrugged" sold
359,105 copies.
    As decades pass Rand has only gotten more popular. "Atlas"
was a bestseller in her day, but it's selling even more now.
    Annual purchases by decade averaged:
1980s -- 74,300 per year, 1990s -- 95,300 per year,
2000s -- 167,028 per year, 2010s -- 303,523 per year.
    To date her books have sold a total of twenty nine and half
million copies.
    In recent years almost 3 million have been requested by
U.S. school teachers from the Ayn Rand Institute and given
to them free.

What Smithfield means -- The shape of things to come
    by Curtis Ellis, who often attends Junto.
Ellis is communications director, American Jobs Alliance.
    Posted to Huffington Post, Business:
"The sale of Smithfield to China's Shuanghui Group should
make you very afraid. And it's not because there will be
antifreeze in your Christmas ham. It's even worse...."
    Read the rest at:

Will Obama ask Xi Jinping how to spy on American citizens?
    by Curtis Ellis, who often attends Junto.
Ellis is communications director, American Jobs Alliance.
    Posted to Huffington Post, Politics:
"President Obama meets with China communist boss Xi
Jinping today. The administration tells us the purpose of the
private talks is to build cooperation. We can now assume that
means Obama will be asking Xi for tips on how to spy on
American citizens more effectively.
    "While Silicon Valley techies helped build the machinery the
Chinese Communist Party uses to keep tabs on its citizens, it
turns out China was the testing ground for a security apparatus
now deployed on our own soil by our government. Savvy arms
merchants sell to both sides...."
    Read the rest at:

What does selfishness mean
    People often don't understand what Ayn Rand means by
"selfishness." I think Objectivist's could be better off quoting
Comte and other philosophers about altruism, rather than
quoting Rand first.
    There's a big difference between the everyday meaning
of altruism and the same term as used by philosophers.
    This is from Robert Tranciski: "...Ayn Rand had a narrower
and more precise definition of altruism. Oakley [in an academic
paper] defines altruism as 'well-meaning behavior intended to
promote the welfare of another,' a definition so broad it includes
any form of benevolence, empathy, or good will, down to
greeting another person with 'have a nice day.'
    "Yet the term 'altruism' is not synonymous with all of these
things. It is a relatively recent coinage, invented in the late
19th century by Auguste Comte to refer to a very specific moral
philosophy. 'Altruism' literally means 'other-ism' and Comte
used it to refer to a philosophy of living for the sake of others.
    "There is a big difference between saying 'I sympathize with
my fellow man and wish him well,' versus saying 'the sole
moral purpose of my life is to serve others.'...Comte went on to
declare that 'the social point of view cannot tolerate the notion
of rights, for such notion rests on individualism.' "
    Read the rest at:

Ed Thompson, often at Junto, launches career in real estate
    He began his business career founding a company which
designed & manufactured high-end cameras for the audio-visual
trade, internationally, and came to employ nearly 100 people.
    For his business he bought land, built a manufacturing
facility. That was the beginning of his life in real estate. He
assembled properties, became a landlord (both commercial and
residential), bought and sold properties and chaired the board
of a commercial condo project.
    Today, real estate sales occupy Ed's time and his heart.
"I love real estate. It's in my blood," says Ed. He makes each
property search a true adventure. He's an amateur philosopher,
an avid sailor and a licensed, instrument-rated private pilot.
    Contact Ed, Bellmarc Brokerage Midtown, 212-688-8530x220

Students for Liberty, dedicated to freedom
    A former employee of this nonprofit was at the June Junto.
Here's some of what she told me about them. They have over
900 student groups and thousands of students in their network.
     Their International Conference this year was in DC with
over 1,400 attendees from all over the world.
    From Sept. to Nov. they'll have European Regional
Conferences in Poland, Paris, Bulgaria, Rome, Serbia,
Sweden, Milan and Germany.
    They support: Economic freedom to choose how to provide
for one's life; social freedom to choose how to live one's life;
and intellectual and academic freedom.
    She says the impact is life-changing for many pro-liberty
students. Their site has the slogan "Libertarians: Diligently
plotting to take over the World and leave you alone."
    Learn more about them at:

"Atlas Shrugged" & other Rand novels, student Reading Projects 
    The Ayn Rand Institute guides students through studying
"Atlas Shrugged" in 10 weeks. They have Reading Projects for
Rand's other three novels, too.
    "Atlas" began on June 13th. Each Thur. they send an email
with the reading schedule for the next week and a featured
resource to enjoy. It has a recap of the previous week's reading
plus questions on the upcoming reading to help focus study.
    This helps students study Rand's vision of existence, and of
man's highest purpose and potential in life. It will help students
prepare for the Ayn Rand Institute's essay contests.
    The first reading was through of chapter 5 in part I, "The
Climax of the d'Anconias." It suggested readers think about:
* How do Dagny's and Jim's attitudes towards business and
    solving problems differ?
* What does Hank want to celebrate and why does he find 
  no one with whom to celebrate?
* What does Dagny seem to want from life? And judging from
    his relationship with Betty Pope, what does Jim seem to
    want from life?
Students in this Reading Project are invited to join the official
Atlas Shrugged Facebook page, with its ongoing and dynamic
discussion about the novel's story and ideas. The goal is to have
students participate with the community of "Atlas Shrugged"
366,000 fans.
    Visit the site of online student Reading Project groups for all
of Rand's novels:

Free market and Objectivist groups and sites

* Groups which meet in Manhattan:
    NYC Junto --
    NYC Ayn Rand Meetup --
    Atlas Reading Group --
    NY Objectivists/NY Heroes --
    Ayn Rand NY Tours --
    Manhattan Libertarian Party --

* Sites to visit:
    Ayn Rand Institute --
    Ed Thompson's site --
    The Atlas Society --
    The Atlasphere --
    Liberty Magazine --
    Ayn Rand Lexicon --
    The Objective Standard --
    The Objective Standard's Blog --
    Aristos: An Online Review of the Arts --
    Forum for Ayn Rand Fans --
    Philosophy in Action --
    Sense of Life Objectivists --
    Objectivism Online --
    Rebirth of Reason --
    The Tracinski Letter --
    Real Clear Politics --
    Ludwig Von Mises Institute --
    Bastiat Institute --
    Institute for Justice --
    Cato Institute --

Fred Cookinham's five Ayn Rand walking tours
* "Atlas Shrugged"
    SAT. Aug. 24, Nov. 23 -- SUN. Aug. 25
* Ayn Rand's Park Avenue
    SAT. July 20 -- SUN. July 21 --
    WED. June 26, July 3, 31, Aug. 7, 14, 21, 28, Sept. 4, 11
* Skyscrapers of ''The Fountainhead''
    SAT. June 22, Nov. 2 -- SUN. June 23, Nov. 3
* Ayn Rand on Broadway
    SAT. Aug. 28
* Ayn Rand Fifth Avenue
    SAT. Oct. 26   
All scheduled tours $20, over 65 $15:                
    Private tours $30. To arrange for your private tour or for
more information, call Fred at home: 718-397-9019 or on his
cell: 917-607-9019 or email him: fcookinham [at]
    Fred's tours get better because he never stops researching.
This July he'll speak at FreedomFest in Las Vegas. "What I
have learned from a lifetime of studying Ayn Rand."
    He's often at Junto and Ayn Rand Meetups. He gave the
''Ayn Rand and Free Market Tour'' for Mont Pelerin Society.

Read and post to Junto sites

Read and post to the Forum on the Junto site:
Read and post to NYCjunto-discuss list:
    Junto members can discuss Junto speakers and other topics.
    You can read these posts at:
    To post to this list you need to be a member of it. 
    Become a member at: or send email:

About Junto and this Junto newsletter
* Gene Epstein moderates Junto. He's the economics editor
    and books editor of Barron's, the weekly business magazine,
    author of ''Econospinning: How to Read Between the Lines
    When the Media Manipulate the Numbers''
* Iris Bell writes this e-newsletter.
* Oleg Atbashian created He also sends out
    this e-newsletter, cares for its email list and moderates
* Andy George created and runs the sound system and
    supplies the music.
* Our founder and host is Victor Niederhoffer. Visit his site at:
    Dedicated to the scientific method, free markets, deflating
    ballyhoo, creating value, and laughter; a forum for us to use
    our meager abilities to make the world of specinvestments
    a better place.
* This e-newsletter comes out twice a month. You might
    get an occasional extra email about a timely event.
* To subscribe to this newsletter put "Junto list" in the
    subject line, email your name & preferred email address to:

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