Daily Archives: May 12, 2011

Florida State University gives billionaire donor right to oversee hiring of faculty in econ program

From The St. Petersburg Times:

“A conservative billionaire who opposes government meddling in business has bought a rare commodity: the right to interfere in faculty hiring at a publicly funded university.

“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.'”

Click here for the full story.  Amazingly, the deal has been in place since 2008, but until now apparently no one has raised any questions about it.