Ayn Rand Institute in the context of "Edwin Locke"

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⭐ Core Definition: Ayn Rand Institute

The Ayn Rand Institute: The Center for the Advancement of Objectivism, commonly known as the Ayn Rand Institute (ARI), is a 501(c)(3) nonprofit think tank in Santa Ana, California, that promotes Objectivism, the philosophy developed by Ayn Rand. The organization was established in 1985, three years after Rand's death, by businessman Ed Snider and Leonard Peikoff, Rand's legal heir.

Ideas promoted by the Ayn Rand Institute include atheism, capitalism, and individual rights. The ARI has supported the American Tea Party movement. Initially, the ARI also supported the United States' wars against Afghanistan and Iraq; it later criticized the execution of these wars. A critic of government spending, the organization took a federal loan of between $350,000 and $1 million in 2020 under the Paycheck Protection Program.

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👉 Ayn Rand Institute in the context of Edwin Locke

Edwin A. Locke (born May 15, 1938) is an American psychologist and a pioneer in goal-setting theory. He is a retired Dean's Professor of Motivation and Leadership at the Robert H. Smith School of Business at the University of Maryland, College Park. He was also affiliated with the Department of Psychology. As stated by the Association for Psychological Science, "Locke is the most published organizational psychologist in the history of the field. His pioneering research has advanced and enriched our understanding of work motivation and job satisfaction. The theory that is synonymous with his name—goal-setting theory—is perhaps the most widely-respected theory in industrial-organizational psychology. His 1976 chapter on job satisfaction continues to be one of the most highly-cited pieces of work in the field."

Locke is a proponent of global capitalism, was personally acquainted with the philosopher Ayn Rand, and is affiliated with the Ayn Rand Institute.

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Ayn Rand Institute in the context of Leonard Peikoff

Leonard Sylvan Peikoff (/ˈpkɒf/; born October 15, 1933) is a Canadian American philosopher. He is an Objectivist and was a close associate of Ayn Rand, who designated him heir to her estate. Peikoff is a former professor of philosophy and host of a nationally syndicated radio talk show. He co-founded the Ayn Rand Institute (ARI) in 1985 and is the author of several books on philosophy.

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Ayn Rand Institute in the context of Charles Koch

Charles de Ganahl Koch (/kk/ KOHK; born November 1, 1935) is an American businessman, engineer, and philanthropist. As of May 2025, he is ranked as the 22nd richest man in the world on the Bloomberg Billionaires Index, with an estimated net worth of US$71.4 billion. Koch has been co-owner, chairman, and chief executive officer of Koch Industries since 1967, while his late brother David Koch served as executive vice president. Charles and David each owned 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business. Koch Industries is the largest privately held company by revenue in the United States, according to Forbes.

Koch also supports a number of libertarian think tanks, including the Institute for Humane Studies, the Cato Institute, the Ayn Rand Institute, and the Mercatus Center at George Mason University. He also contributes to the Republican Party and candidates, libertarian groups, and various charitable and cultural institutions. He co-founded the Washington, D.C.–based Cato Institute. Along with his brother, Koch has been an important funder of think tanks that lobby to oppose environmental regulation. Koch has published four books detailing his business philosophy, Market Based Management (2006), The Science of Success (2007), Good Profit (2015), and Believe in People (2020).

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