William A. Niskanen was chairman of the Cato Institute for 23 years, following service as a member and acting chairman of President Reagan's Council of Economic Advisers. Niskanen served as director of economics at the Ford Motor Company, professor of economics at the University of California at Berkeley and Los Angeles, assistant director of the federal Office of Management and Budget, a defense analyst at the Rand Corporation, the director of special studies in the Office of the Secretary of Defense, and the director of the Program Analysis division at the Institute of Defense Analysis. He w...