Cato and the Kochs

posted by
March 4, 2012
Cato Institute
by Don Boudreaux  
Posted in Commentary

"Like many in the liberty movement, I’m disheartened by the current goings-on involving the Cato Institute, namely, the power struggle between, on one side, Cato’s co-founder and President Ed Crane, and on the other side Charles and David Koch. (Of course, there are many other people on each side of this dispute, but these are the main representatives of each side.) The immediate source of this dispute is the disposition of the shares in Cato that belonged to former Cato Chairman Bill Niskanen, who died late last year. The Kochs believe that they, the Kochs, are entitled to those shares; Ed Crane believes that the shares should remain with Bill Niskanen’s widow."  


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