Redstate.com on the Koch-Crane Struggle

Writes Erick Erickson:

Ed Crane, the President of Cato who has presided over its decline (but like all archaic Washington institutions it has an awesome building), is now a minority shareholder. The legal structure he agreed to is no longer serving him in the way it did when he tossed Murray Rothbard back in the eighties. What Crane has decided to do is burn down the remains of Cato’s reputation to try to save his own power.

Read the whole, fascinating article.

Share

9:46 am on March 6, 2012