And as Brian McNicoll of the Competitive Enterprise Institute notes, “If the president is serious about across-the-board energy, why won’t he approve the Keystone pipeline? More than 1,200 pipelines traverse more or less the same route.” Obama never mentioned Keystone last night.
Fred Smith is the animating spirit at the Competitive Enterprise Institute. Fred conceived of the idea for an organization that would, in his words, “find a more positive answer to the challenge Joseph Schumpeter laid down in his essay, “Can Capitalism Survive?” He founded the organization and served as president for nearly three decades.
He died at the age of 83 at home in Maryland where he is survived by his beloved wife Fran. Fred was a friend and mentor, an advocate and ally, and an inspiration. His bright light lives on in our work.
Fred Lee Smith
December 26, 1940 – November 23, 2024