This is hysterical and wholly apt; from the introduction:

[H]er latest publication, For the New Intellectual, offers a selection of those passages, with an overtly philosophical introduction which places the rest of the system in perspective. At last the eager student can get some sort of overview of the intellectual edifice which is presented for his acceptance. I must say at the outset that I have not found the offering very palatable. Not, let me hasten to add, because I disagree with the conclusions—free trade, a minimum of governmental interference in the economy, the immorality of altruism, are, I think, eminently justifiable intellectual positions. Rather it is the paucity of rational arguments, the frequency with which nonsense is offered as self-evident truth, the hysterical ranting against opponents who have had their views distorted beyond recognition, the amateurish psychologizing—in a word, the sloppiness of the whole thing, which forces me to regard it as a paradigm of philosophical incompetence. The temptation is to see it as a huge joke, a farce by means of which its creator can laugh at the gullible. But at the risk of being taken in I shall treat this book seriously, with perhaps only the popularity of the doctrine to justify the enterprise. My method shall be the following—I shall quote, sometimes at length, from the book, and then comment on the material presented.

And this from the conclusion equally sharp:

It is not difficult to understand the attraction Ayn Rand has for the uninstructed. She appears, I suppose, to be the spokesman for freedom, for self-esteem, and other equally noble ideals. However, patient examination reveals her pronouncements to be but a shroud beneath which lies the corpse of illogic. Those who are concerned with discovering the principles of a sound social philosophy can read and study libertarian thought at its best. The ludicrously mistitled “philosophy of Ayn Rand” is a sham. To those who are travelling her road I can only suggest its abandonment—for that way madness lies.