Ron Paul and the Kochs

The Daily Beast thinks it’s a scandal that Ron spoke for the partially Koch-funded Young Americans for Liberty (and was cheered for his foreign policy of peace). YAL, formerly Students for Ron Paul, is a natural for Ron, who loves young people, and is loved by them. Ron has even spoken for the Kochs’ Students for Liberty, where he was also cheered. Note. the Kochs have been unfriendly to Ron since they discovered they were not willing to put his principles in their lockbox. Yet they appreciate him as an unparalleled attraction for students. The fact that Rand, who had aleady atttended one Kochfest, decided it was a waste of his time to attend another, has nothing to do with Ron. They are two separate people, after all.

But, DB, you get a few things wrong. Murray Rothbard was cofounder of the Cato Institute with Charles Koch, who supplied the dough. Murray supplied the name, the idea, and the plan. The Mises Institute, which I founded, was different. But Murray played an indescribably important role—-inspirationally, intellectually, and practically.

After I asked Margit, Mises’s widow, for her blessing–which she gladly gave–I asked Murray to oversee our academic affairs. Even though the Institute was just a typewriter on my kitchen table at that point, he literally clapped his hands in glee. Also essential to the Institute’s success were Ron Paul, Henry Hazlitt, and other giants. I should note that the Kochs have always been anti-Mises Institute–they even had one of their executives order me not to start it!–though they are anti-Rothbard above all.