The most likely outcome of a Koch takeover is that Cato would be eviscerated, the brand would be destroyed and the Kochs would take over an empty shell -- in short, the outcome would be a catastrophe, and even the winners would gain nothing.
On Friday afternoon, as the Washington offices of the Cato Institute were emptying out for the weekend, the libertarian think tank's president sent an...
Koch naturally thinks his money better spent as he sees fit, and I don't blame him. The very money he should be paying in taxes goes into tax-deductible organizations designed to increase his wealth and influence.