Friday, April 25, 2014

Rand Paul and Wealthy Libertarians Connect as He Weighs Running

The New York Times reports:
As he has risen in prominence as a Republican presidential contender, Mr. Paul is avidly courting a small but influential cluster of wealthy libertarians. His pursuit offers an intriguing window into an eclectic network of potential donors who have made fortunes in Silicon Valley start-ups and Wall Street hedge funds, a group that could form a vital donor base if he makes a bid for the Republican nomination. A tight-knit tribe of philanthropists and entrepreneurs, they have exerted enormous intellectual influence on conservative policy. But they have historically spent more on nonprofit groups and endowing college economics departments than they have on backing candidates.