The Cato Institute is clearly America’s #1 government policy think-tank. My active involvement with the Cato Institute is partially the result of having been associated, if briefly, with Cato Chairman Bob Levy a number of decades ago when we were both in the institutional brokerage arena. Today, Cato is involved in a nasty dispute with the billionaire Koch brothers who, it would appear, want to take over Cato and turn the think-tank into a political beast.
I have never met the highly successful Charles and David Koch and only know them as big time industrialists. The brothers are important supporters of conservative and mostly Republican causes. Over the years, I have found myself most often in agreement with the Koch brothers and have been glad to be on their side.
I want you to read Bob Levy’s outline of the Cato/Koch control dispute linked here. Bob is a Ph.D. and a lawyer, as well as a retired, successful businessman. Bob is 100% committed to the principles of Cato and has zero reason to mislead. In other words, you can believe, without reservation, Bob’s account of the Cato/Koch dispute.
I know you may be confused by what you are reading in the media about the dispute over Cato’s control. If you will concentrate on what I post for you and what you will read from Bob, you’ll be on the right track. Cato’s work is very important to me. I work hard in support of Cato and am saddened about the current circumstances surrounding the think-tank. For Dick Young’s money, under the leadership of Bob Levy and Ed Crane, Cato has done a terrific job for us all and must remain politically unaligned.