Jun 26, 2012
The Koch brothers have been fighting to take control of the Cato Institute, against the wishes of its current leaders and staff, who they deem insufficiently devoted to the cause of plutocracy and the Republican Party. After a lengthy, public fight, the two sides reached a compromise, in which CEO Ed Crane will be pushed out and John Allison will take charge of the libertarian think tank. Allison is the former chairman of BB&T bank and best known for donating vast sums to universities and using his leverage to force them to assign their students to read Ayn Rand screeds. The running of a libertarian think tank seems like a more appropriate venue for Allison to act upon his devotion to Rand’s nuttery than forcing it upon students who are trying to learn actual stuff.
Allison’s ascension is in keeping with the general trend of the Washington libertarian movement to define itself mainly in economic terms. (The trend has been opposed by a handful of libertarian dissidents, the most prominent of whom have been purged.)
To read more about the libertarian shift of policy and how this act by Chuckie and Davy fit into this, please click here. Got to wonder what libertarians Ron and Rand Paul think about this.