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PRESS RELEASE
May 31, 2013

Contact: Ray Niemiec
Press Officer, Manhattan Institute
646-839-3335
rniemiec@manhattan-institute.org

 

Manhattan Institute Statement on American Federation

of Teachers report "Ranking Asset Managers"

 

NEW YORK, NY: The overarching mission of the Manhattan Institute is to develop and disseminate new ideas that foster greater economic choice and individual responsibility. In the course of that effort the Institute’s scholars produce a vast array of books, articles, and studies on diverse issues. While the staff and trustees hold many positions in common, not all positions are shared. With rigorous analysis based upon the best available empirical evidence, we give our scholars the freedom to study and write on topics of general concern to the Institute. Historically and as a matter of policy, the Institute does not take institutional positions. Nor does it lobby for specific public policy changes. 

The Manhattan Institute’s ultimate objective is to define and debate ideas about how best to serve the public interest. That which is in the overall public interest may not be in the interest of particular parties who have benefited from the status quo. In those instances, we expect the opportunity to present our ideas and debate them on the merits. 

We see the recent report released by the American Federation of Teachers as an attempt to intimidate our supporters and silence our fellows. An organization representing teachers should understand the imperative need for an open dialogue that produces the most constructive solutions benefiting all Americans. To call on governmental authorities—such as those who oversee pension investments—to punish organizations that promote public dialogue is to use official power to stifle freedom of expression. That’s not the America we believe in, nor should it be acceptable to anyone who takes our tradition of freedom and democracy seriously.

The Manhattan Institute, a 501(c)(3), is a think tank whose mission is to develop and disseminate new ideas that foster
greater economic choice and individual responsibility.

www.manhattan-institute.org

 

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