Wednesday, May 11, 2011

Koch Brothers Buy Florida State Economics Program

People who donate money to reputable universities don't get this kind of power:

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.

$1.5 million isn't a whole lot when it comes to endowing permanent academic positions, so it looks like they got a really good deal.
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