Charles Koch Launches Ad Campaign on Economic Freedom

Thursday, 11 Jul 2013 12:59 PM

By Lisa Barron

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Kansas billionaire and libertarian philanthropist Charles Koch, the co-owner of Koch Industries, is launching a new media campaign in his hometown of Wichita to promote economic freedom and warn against government overreach.

His first 60-second television spot, which aired Wednesday, stated that economic freedom is the key to financial prosperity and social progress. It warned that the U.S. economic freedom ranking has fallen when compared to other countries and could continue to decline.

Story continues below.



"The spot was developed as part of our ongoing work to support the kind of scholarship and analysis that examines how to ensure opportunities for earned success while sharing compassion for the vulnerable," Koch explained in a statement on the Charles Koch Foundation website.

The foundation provides grants to think tanks and higher education programs dedicated to free market economic theory.

"We want to do a better job of raising up the disadvantaged and the poorest in this country, rather than saying 'Oh, we're just fine now.' We're not saying that at all," he told the Wichita Eagle. "What we're saying is, we need to analyze all these additional policies, these subsidies, this cronyism, this avalanche of regulations, all these things that are creating a culture of dependence."

He continued, "Massive spending, debt, deficits, this . . . avalanche of regulations we've had advanced, particularly in this administration but even in the previous ones, all this undermines the standard of living and human well being that we've worked so hard to get people to understand the benefits of."

Larry Jacobs, a professor of politics at the University of Minnesota who has followed Koch's career, told the newspaper that many of his ideas about government regulations are contentious and "probably won't go anywhere" because many people believe that some regulations give the poor and disenfranchised a "minimum floor" of protection.

"But I do understand his frustration," Jacobs said. "You almost get the feeling that he feels a frustration that he's being misunderstood as a kind of a threat to America, a greedy threat, and that he feels like he's unfairly demagogued. He wants his message to resonate, so he's now offering a positive agenda that applies to all of America."

The $200,000 campaign will run in Wichita for four weeks. Koch said he might expand it to other cities.



© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Poll: Voters Doubt Govt's Ability to Fix Ebola, Jobs Crises

Thursday, 30 Oct 2014 18:21 PM

Americans are anxious about jobs, nation, and Ebola - and have doubts about the government's ability to handle any of it . . .

District of Columbia Panels Weigh Legalizing Marijuana Sales

Thursday, 30 Oct 2014 17:34 PM

Washington lawmakers took a step toward legalizing the sale of marijuana in the U.S. capital on Thursday, holding a hear . . .

Coast Guard: Migrant Crossings in Fla. Straits At 5-Year High

Thursday, 30 Oct 2014 17:06 PM

The U.S. Coast Guard is on the front lines of a new pathway for illegal immigration, the Florida Straits, where in fisca . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved