Charles Koch Extols Medicare And Social Security To Friederich Hayek

Oh, the irony, the sweet, sweet irony. From the bowels of the Cato Institute, an email exchange surfaced. An email exchange between Charles Koch and Friedrich Hayek, king of the free-markets-rule economic theory where Koch tries to lure Hayek to the

Oh, the irony, the sweet, sweet irony. From the bowels of the Cato Institute, an email exchange surfaced. An email exchange between Charles Koch and Friedrich Hayek, king of the free-markets-rule economic theory where Koch tries to lure Hayek to the Institute of Human Studies by extolling the virtues of Medicare as the safety net that would protect Hayek from being excluded from health insurance coverage if he were to leave Austria.

Via The Nation:

This extraordinary correspondence regarding Social Security began in early June 1973, weeks after Koch was appointed president of the Institute for Humane Studies. Along with his brothers, Koch inherited his father’s privately held oil company in 1967, becoming one of the richest men in America. He used this fortune to help turn the IHS, then based in Menlo Park, California, into one of the world’s foremost libertarian think tanks. Soon after taking over as president, Koch invited Hayek to serve as the institute’s “distinguished senior scholar” in preparation for its first conference on Austrian economics, to be held in June 1974.

Hayek initially declined Koch’s offer. In a letter to IHS secretary Kenneth Templeton Jr., dated June 16, 1973, Hayek explains that he underwent gall bladder surgery in Austria earlier that year, which only heightened his fear of “the problems (and costs) of falling ill away from home.” (Thanks to waves of progressive reforms, postwar Austria had near universal healthcare and robust social insurance plans that Hayek would have been eligible for.)

IHS vice president George Pearson (who later became a top Koch Industries executive) responded three weeks later, conceding that it was all but impossible to arrange affordable private medical insurance for Hayek in the United States. However, thanks to research by Yale Brozen, a libertarian economist at the University of Chicago, Pearson happily reported that “social security was passed at the University of Chicago while you [Hayek] were there in 1951. You had an option of being in the program. If you so elected at that time, you may be entitled to coverage now.”

Now we all know that Charles Koch loathes Social Security and Medicare and has spent millions upon millions to build a conservative stronghold to take them down and kill them forever. So check out this email from the man himself:

Koch writes: “You may be interested in the information that we uncovered on the insurance and other benefits that would be available to you in this country. Since you have paid into the United States Social Security Program for a full forty quarters, you are entitled to Social Security payments while living anywhere in the Free World. Also, at any time you are in the United States, you are automatically entitled to hospital coverage.”

Then, taking on the unlikely role of Social Security Administration customer service rep, Koch adds, “In order to be eligible for medical coverage you must apply during the registration period which is anytime from January 1 to March 31. For your further information, I am enclosing a pamphlet on Social Security.”

How about that? Charles Koch, Medicare advocate for his favored group, just not for everybody?

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