70 Year Magazine Archive

Cato Institute and the Invisible Finger

by Lawrence V. Cott

Share this story

With sex it would be pure Harold Robbins. Take a brainy and self-reliant industrialist running the family business, which happens to be an oil and gas conglomerate with annual sales of $3.5 billion. A man with, say, three engineering degrees from MIT and wealth estimated by Fortune magazine as one of the largest personal fortunes in the country, between $500 and $700 million. A man whose wealth and devotion to privacy are straight out of the Howard Hughes legend. An idealist fed up with the suffocating effect of big government and dedicated to individual liberty and absolute personal freedom.

Bring in some uninhibited friends, young and successful investment executives, who believe that just about any government constitutes unreasonable restraint. It is a position distinguishable from anarchism only in that some libertarians grudgingly acknowledge that there might be a need for some national defense, some police agency, and a court system.

Comments

Advertisement

Advertisement