Get sick, get well
Hang around a ink well
Ring bell, hard to tell
If anything is goin' to sell
-- Bob Dylan

Wednesday, May 11, 2011

Koch Bros. Buying Professors to Spread the Gospel of Greed

ThinkProgress reports that the Koch Foundation reached an agreement in 2008 to fund professors at Florida State University, as long as they would teach right-wing economic theory. In fact, the Koch Foundation had to approve any faculty hires who were paid with its “donated” funds

The Saint Petersburg Times reports:
A foundation bankrolled by Libertarian businessman Charles G. Koch has pledged $1.5 million for positions in Florida State University’s economics department. In return, his representatives get to screen and sign off on any hires for a new program promoting “political economy and free enterprise.”…
Under the agreement with the Charles G. Koch Charitable Foundation, however, faculty only retain the illusion of control. The contract specifies that an advisory committee appointed by Koch decides which candidates should be considered. The foundation can also withdraw its funding if it’s not happy with the faculty’s choice or if the hires don’t meet “objectives” set by Koch during annual evaluations.
George Mason University also received over $23 million from Koch Bros. foundations to hire seven libertarian professors.

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