Drooid Logo
Back to today’s briefing

Story perspectives

Cato Institute Founder Edward H. Crane Dies at 81

2/17/2026

35 4 Full Breakdown

1 of 1

Story summary
  • Edward H. Crane, founder of the Cato Institute, died February 10 at age 81 from heart failure.
  • Crane established the Cato Institute in 1977 with funding from Charles Koch.
  • He helped found the Libertarian Party in 1972 and built Cato by recruiting scholars and raising funds.
  • Under his leadership, Cato merged left-leaning social policies with right-leaning economic policies, gaining mainstream respectability.