This week the Wichita Eagle reports that Charles Koch, chairman of the board and CEO of Wichita-based Koch Industries, is starting a local campaign to educate people on the benefits of economic freedom and the harm of government overreach. (Charles Koch launching Wichita campaign about economic freedom, government overreach, July 9, 2013)
So far one video advertisement is available, shown at the end of this article.
In announcing this effort, a statement at the Charles Koch Foundation reads:
“We believe the best way to promote progress and societal well-being is through free societies,” said CKF founder Charles G. Koch. “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 is not shying away from important issues related to economic freedom such as the minimum wage. The common belief, fiercely held and believed by those who say they want to help the poor, is that a high minimum wage is needed. In a video on another site sponsored by the Charles Koch foundation, it is argued that “And among the least skilled, least educated workers, increases in the minimum wage significantly increase unemployment. The minimum wage may be a well-intentioned policy, but it often hurts the very workers who are in most need of our help.” The video is Does the minimum wage hurt workers? at the site Economic Freedom.
Recently Koch has contributed several articles on the importance of economic freedom and the harm of cronyism, including Charles Koch: The importance of economic freedom, and in the Wall Street Journal, Charles G. Koch: Why Koch Industries is speaking out.