Cato Institute
American libertarian think tank / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Milton Friedman Liberty Prize?
Summarize this article for a 10 year old
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch,[4] chairman of the board and chief executive officer of Koch Industries.[nb 1] Cato was established to focus on public advocacy, media exposure, and societal influence.[5]
Established | 1977; 47 years ago (1977)[1] |
---|---|
Founders | |
Type | 501(c)(3) non-profit think tank |
23-7432162 | |
Focus | Public advocacy, media exposure and societal influence |
Location |
|
Coordinates | 38°54′12″N 77°01′35″W |
President and CEO | Peter N. Goettler[2] |
Chairman | Robert A. Levy[2] |
Executive Vice-President | Vacant |
Revenue (2020) | $31,695,000[3] |
Expenses (2020) | $31,726,000[3] |
Endowment (2020) | $85,585,000[3] |
Staff | 100 staff 46 faculty 70 adjunct faculty |
Website | www |
Formerly called | Charles Koch Foundation; Cato Foundation |
Cato advocates for a limited governmental role in domestic and foreign affairs and strong protection of civil liberties, including support for lowering or abolishing most taxes, opposition to the Federal Reserve system and the Affordable Care Act, the privatization of numerous government agencies and programs including Social Security and the United States Postal Service, demilitarization of the police, open borders and adhering to a non-interventionist foreign policy.
According to the 2019 Global Go to Think Tank Index Report (revised June 2020, Think Tanks and Civil Societies Program, University of Pennsylvania), Cato was number 20 in the "Top Think Tanks Worldwide" and number 13 in the "Top Think Tanks in the United States".[6]