Libertarian Gives $100 Million to Government Theatre

David Koch, co-inheritor of his father Fred’s oil and gas fortune and chairman of the Reason Foundation, is giving $100 million to the NY State Theatre. Formerly part of the NY state government, it is now part of the NY city government. Naturally, since it is not private property, the NY State Theatre is in terrible shape. Mr. Koch promises to fix that. “They like me, and I like them, so I guess we have a deal,” the billionaire told the NY Times. The building will be named in his honor.

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5:24 pm on July 10, 2008