However, a new review by Thomas DiLorenzo, in The Quarterly Journal of Austrian Economics, of the book is most significant for students of Murray Rothbard. His review is the first to point in detail to the glaring errors that MacLean makes in characterizing Rothbard and also the errors she makes in the characterization of his break with the Koch brothers. For example:
She does get much of the Koch story backwards, however, by saying that Charles Koch insisted that his well-funded minions remain “uncompromisingly radical” (p. 145). That, in fact, is why Rothbard was booted—he was in fact uncompromisingly radical whereas Koch, who moved the Cato Institute from California to Washington, D.C., was not. He wanted to pursue a patently un-radical plan of trying to teach free-market and libertarian principles to the Washington, D.C. bureaucracy—at least in a watered down and compromised form that would not be too offensive to them.DiLorenzo's depth of historical knowledge also results in his being able to identify a number of other inaccuracies in the book that haven't been identified in other reviews.
Also, for those into deep inside baseball of the Koch libertarian-lite operations, it is noteworthy that DiLorenzo spotlights some correspondence that MacLean discovered between James Buchanan and, Koch lieutenant for all things beltarian, Richie Fink.
Maclean's reporting here may be the only accurate part of the book and it is vicious on, from what I am told is the very Machiavellian, Fink.
While the critical reviews of the book, from those closest to the inner workings of the Koch beltarian movement, justifiably defend James Buchanan and Tyler Cowen against MacLean attacks, those reviews are silent on Maclean's attacks on Fink. The silence is most certainly deafening.
DiLorenzo, however, does not fail us here:
One interesting and informative part of the book is MacLean’s discussion in the last two chapters of how Charles Koch and his lieutenant, Richie Fink, talked seventy-nine-year-old James Buchanan into lending his name to an organization on the George Mason campus that would become essentially a lobbying arm of Koch Industries. The James Buchanan Center, funded by a $10 million grant to George Mason University in 1997, was staffed mostly by non-academics who conducted “outreach” programs for “Senators, Congressmen, and state legislators, legislative staff and regulators....” (p. 199). Some academics were involved, but they were in the minority, writes MacLean. Most were apparently Richie Fink’s political cronies from the D.C. corporate lobbying world. Buchanan was not happy with this arrangement. MacLean uncovered a September 17, 1998 memo from Buchanan to Fink in the files at Buchanan House in which Buchanan wrote: “Quite frankly, I am pissed off.” What was being done under his name “verges on fraud and surely, at a minimum amounts to exploitation of me, of you, of JBC [the James Buchanan Center], of the university” (p. 201). “Buchanan had been played like a fiddle” by Koch and Fink, writes MacLean, and she is right. Buchanan retired to his farm in Blacksburg soon thereafter.The full review is here.
-RW
Also, see David Gordon and his coverage of MacLean on Rothbard.
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