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In my declaration of August 5, 2013, I attested that I did not wish to purchase comprehensive health coverage for 2014. The actual insurance premium costs were not then available and so I could not determine with certainty at that time whether I wanted to forgo all coverage or purchase catastrophic coverage.
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