BB&T Pays Schools To Teach Ayn Rand

July 23rd, 2010

From Academe Online:

Recent donations from the charitable arm of BB&T, one of the nation’s largest banks, have raised the issue of external influence anew, sparking concerns about academic integrity and the role of the faculty in decisions about accepting gifts that come with curricular or other strings attached. At the center of the concerns about these donations is the requirement that objectivist Ayn Rand’s novels be taught in special courses extolling capitalism and self-interest.

At the University of North Carolina at Charlotte, for example, three years passed before faculty members learned that a million-dollar gift agreement establishing a new course contained language requiring both that Rand’s lengthy paean to laissez-faire capitalism, Atlas Shrugged, be assigned reading and that professors who teach that course “have a positive interest in and be well versed in Objectivism.”

Who is John Galt?

(H/T Leiter)