Based in a series of lectures given in 1983 by Dr. Leonard Peikoff, Understanding Objectivism offers a deeper and more profound study Ayn Rand's philosophy and outlines a methodology of how to approach the study of Objectivism and apply its principles to day-to-day life. The economic crisis has led to a major resurgence of interest in Ann Rand's theory, makings this a timely and important release. It is the first time that Dr. Peikoff's lectures have been made available in book form.