David Gordon on why Beltway libertarians hate Murray Rothbard and the organization he helped start, the Ludwig von Mises Institute:
The "Kochtopus" is a derogatory name coined by the late Samuel Edward Konkin, III, an anarcho-libertarian, for the group of libertarian organizations funded by billionaire Charles Koch. (Konkin, a gifted wordsmith, also is responsible for the term "minarchism" for the libertarian view that accepts a minimal state.) Murray Rothbard often used this term when referring to organizations within the Koch ambit, with the Cato Institute foremost among them. To say the least, Rothbard’s enthusiasm for Cato was not unbounded; and employees of the Kochtopus often treat Rothbard with hostility and contempt. Further, the Kochtopus has displayed unremitting hostility toward the organization with which Rothbard was associated from 1982 until his death in 1995, the Ludwig von Mises Institute.
Someone acquainted only with these facts would never suspect that Rothbard was a principal founder of Cato and that the organization had been established to promote his distinctive variety of libertarianism. From this beginning, how did it come about that Cato shifted course and now takes Rothbard to be an enemy?
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