Hayek accepted that funders would shape the institution.

Evidence

At the time Hayek told Röpke in no uncertain terms that “the person who holds the purse strings will exercise a certain infl uence,” and that he should not allow related concerns to lead him to abandon an essential source of support. — Angus Burgin, The Great Persuasion, 253

Categorization

  • XREF: Connects to broader work on patronage and intellectual independence — the price of external funding for think tanks. — connects to: Hayek reconciled intellectual credibility with donor accommodation in founding MPS — Angus Burgin, The Great Persuasion: Reinventing Free…, 260; Hayek founded MPS to build a worldview insulated from immediate policy pressures — Angus Burgin, The Great Persuasion: Reinventing Free…, 307; Business elites actively cultivated Hayek and promoted his ideas widely — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 875 (+2 more)

Broader Connections