PRESTOPUNDIT -- "It's a team sport, baby!"

Wait till the French and the Lefties hear about this:

The Austrian school of thought that packs a massive political punch

If there was a global godfather of this neo-conservative movement, it would be Friedrich von Hayek .. in 1947, he set up the Mont Pelerin Society, a secretive group that met annually to map out a neo-conservative counterattack against the growing socialist character of postwar economies. It played midwife to scores of neo-conservative think tanks, among them the Heritage Foundation (1973) and the Cato Institute (1977) in the US and Australia's CIS (1975).

The society and its progeny have been enormously influential: of the 76 advisers in Reagan's 1980 presidential campaign, 22 were members. And its members include Nobel laureate Milton Friedman (a former president), Czech Prime Minister Vaclav Klaus and former New Zealand finance minister Ruth Richardson. Greg Lindsay, the executive director of the CIS in Sydney, is a former vice-president. Neo-conservative think tanks now dominate the political debate in much of the West.

In Australia, as elsewhere, they ply their trade by publishing "independent research" from a network of like-minded scholars whose reports invariably end up backing the neo-conservative world view. Staff and friendly scholars are paid to write newspaper articles which are submitted - usually free - to opinion pages.

By publishing reports that confirm their arguments, neo-conservative think tanks seek to mould public debate. But they also peddle influence, holding closed seminars and lectures where visiting international conservative luminaries address selected rising members of the political elite - such as last week's CIS gathering on the Sunshine Coast. Von Hayek would have been pleased. He died in 1992, but not before Thatcher rewarded him with a visit to Buckingham Palace, where he was bestowed with a Companion of Honour - a tribute to the most successful, if unheralded, political puppet-master of the past century.

Michael Lind, call your agent.

Posted by Greg Ransom