the close of The Objectivist Calendar, a short publication listing upcoming events within the Objectivist movement, Binswanger began editing and publishing The Objectivist Forum, a bimonthly journal on Objectivism which had Rand's support and for which she served as "Philosophic Consultant". 1980s Upon Rand's death on March 6, 1982, Peikoff inherited her estate, including the control of the copyrights to her books and writing (barring Anthem, in the public domain). Shortly after Rand's death, Peikoff's first book, The Ominous Parallels, was published. In 1983, Peikoff gave a series of lectures titled Understanding Objectivism, for the purpose of improving the methodology used in studying Objectivism, as a corrective to what he describes as the "Rationalist" and the "Empiricist" methods of thought. In 1985, Leonard Peikoff and Ed Snider founded the Ayn Rand Institute (ARI), the first organization devoted to the study and advocacy of Objectivism since the closure of NBI in 1968. The institute began by sponsoring essay contests on Rand's novels and distributing op-eds analyzing world events from an Objectivist perspective. In 1987, the institute began teaching aspiring Objectivist academics. Peikoff–Kelley split In 1989, another major split occurred within the Objectivist movement. Peter Schwartz criticized David Kelley, a philosopher and lecturer then affiliated with ARI, for giving a speech under the auspices of Laissez Faire Books (LFB), a libertarian bookseller. Schwartz argued that this activity violated the Objectivist moral principle of sanction. In other words, Kelley was implicitly conferring moral approval on the organization by appearing at an event that it sponsored. LFB, in turn, was morally objectionable because it promoted books, such as The Passion of Ayn Rand (1986), that Schwartz maintained were hostile and defamatory towards Rand and Objectivism as well as being the world's center for literature promoting anarchism, which Rand condemned as "childish" and subjectivist. (Although Schwartz made no mention of it, Leonard Peikoff had signed copies of his book The Ominous Parallels at three LFB events in 1982. According to Peikoff, he later broke off relations with LFB after being told that LFB offered anarchist literature.) Kelley responded, in a paper titled "A Question of Sanction", by disputing Schwartz's interpretation of the sanction principle in particular and his interpretation of moral principles in general. Subsequently, in an essay appearing in The Intellectual Activist, Peikoff endorsed Schwartz's view and claimed that Kelley's arguments contradicted the fundamental principles of Objectivism. Peikoff maintained that many non-Objectivist systems of