Economics Explored

Why Ayn Rand's concept of self-esteem is unreasonable with Dr Michael Edelstein

Episode Summary

Ayn Rand’s concept of self-esteem is unreasonable according to Dr Michael Edelstein, the Three Minute Therapist. Learn why and what a more helpful approach to life is.

Episode Notes

In Economics Explored Episode 103, Dr Michael Edelstein explains why Ayn Rand’s concept of self-esteem is unreasonable and unhelpful. Program host Gene Tunny asks Michael to explain his Three Minute Therapy approach, which is solidly based in Rational Emotive Behaviour Therapy (REBT).   

Michael R. Edelstein, Ph.D., has an in-person and telephone therapy practice in San Francisco. He is the author of Three Minute Therapy, a self-help book for overcoming common emotional and behavioral problems, for which he has been awarded Author of the Year. The book was a Quality Paperback Book Club/Book-of-the-Month Club Selection, a Behavioral Sciences Book Service Book Club Selection, and an Albert Ellis Institute Selection. His 2009 book, Stage Fright, includes interviews with Robin Williams, Jason Alexander, Melissa Etheridge, Maya Angelou, and others, relating their personal experiences and wisdom in coping with performance anxiety.

Links relevant to the conversation:

Michael’s website -

Michael Edelstein - Why Ayn Rand's Self Esteem is Unreasonable [Capitalism & Morality Seminar 2015] -

‘Fountainhead’ a good read beneath the controversy

William F. Buckley Jr. speaks with Charlie Rose about Ayn Rand’s Atlas Shrugged -