The Hoover Institution was founded in 1919 and although based on the campus of Stanford University, California, it has an explicit political philosophy, strongly favouring 'limited government' and 'market-based solutions to public policy problems'. U.S. corporations contribute significantly to its funding, only about15% of which comes via Stanford.
Henry I. Miller is a Senior Research Fellow at the Hoover Institution, focusing on public policy toward science and technology, especially pharmaceutical development and 'the new biotechnology'. His work emphasizes the excessive costs of government regulation and argues for no greater regulation of GM food and crops than conventional food and crops, arguing that GMOs are if anything safer than conventional products.
Hoover's 'board of overseers' includes chairman of grain multinational Archer Daniels Midland, Dwayne Andreas, Texas oilman Robert Bass, David Packard of military and electronics giant Hewlett-Packard, US defence secretary Donald Rumsfeld, Mellon oil heir and ultraconservative philanthropist Richard M. Scaife, and free-market guru and former U.S. Treasury Secretary William E. Simon.