The Lexington Institute of Arlington, VA is a libertarian, free market think tank, founded in 1988 by Merrick Carey with help from Robert L. Severns of the Alexis de Tocqueville Institution. Its annual revenue is roughly $2.5 million, having received funding from corporate sponsors.
On 9 June 2008 the Press-Register reported that almost all funding for the Lexington Institute came from the defense contractors whose products it frequently wrote in favor of.
The Lexington Institute was the 21st most cited by the media think tank in 2008, two slots below its ranking in 2007. They were the second most cost-effective think tank in media citations per dollar invested.
