My friends at Cato get a nice profile in The Washington Post today:
The specter of the most titanic intervention in the markets since Franklin Roosevelt started sewing the safety net has folks at the Cato Institute reaching for something strong.
“I’m thinking of taking up drinking,” says David Boaz, executive vice president.
He’s kidding, of course. Just a little gallows humor from the author of “Libertarianism: A Primer,” who has a Goldwater poster and two busts of Adam Smith in his office.
Instead, in their handsome building on Massachusetts Avenue, faced with a proposed $700 billion government bailout of Wall Street, this town’s most gung-ho libertarians and free-marketeers are reaching for their coffee and their keyboards. They are invigorated. The prospect of doom and ruination for everything they hold dear only makes them stronger.
I feel bad for the media intern who will have to figure out how to log all the references and quotes from the article, but I’m glad to see Cato get such a sympathetic treatment. Now if only the Post would start incorporating more free market policy ideas into its articles…