Most Read: Lifestyle

Posted at 05:00 AM ET, 01/29/2013

Fred Smith passes the torch at CEI


President Lawson Bader, left, and founder Fred Smith celebrate "passing the torch" Thursday at the Competitive Enterprise Institute. (Photo courtesy of Katherine Ruddy)

Most think tanks are earnest places — and then there’s the Competitive Enterprise Institute. “People say, ‘CEI has fun people, but some of them are crazy,’” said new president Lawson Bader. The free-market libertarian group threw a “passing of the torch” party Friday — founder Fred Smith is handing the reins to Bader — and because it fell on Scotland’s Robert Burns Night, there was haggis, kilts and plenty of Scotch.

CEI is known for good parties. “I recognized that intellectuals were dour, and that the war was going to be a long one,” Smith explained. “In warfare, you need R&R; in our world, that means having fun while you fight. And we do have fun.”

After 29 years, Smith, 72, figured it was time to give up the top job (he’s not leaving and won’t use the word “retirement”): “You know the great line, ‘The graveyards of the world are full of irreplaceable people.’ ”

(An earlier version of this post said the “passing of the torch” party occurred Thursday night. It was on Friday. This version has been updated.)

Also in The Reliable Source:

In other news: British foreign minister hosts dinner for Clinton; Mikulski ups Super Bowl ante with hair spray

Barney Frank to take a role in ‘Fiorello’ — playing a senator, hint hint

In other news: Chris Brown investigated in fight; Rick Ross wrecks Rolls fleeing guide

Love, etc.: Fred Smoot and wife Summer split

Alfalfa Club turns 100 with annual dinner of the elites: Henry Kissinger, Mitt Romney, Valerie Jarrett, others

For Komen founder Nancy Brinker, gay rights is another issue close to the family

By  |  05:00 AM ET, 01/29/2013

Categories:  Parties

 
Read what others are saying
     

    © 2011 The Washington Post Company