Career
He served as its President until October 1, 2012. In the 1970s, he was one of the most active leaders of the Libertarian Party. He was the Party"s national chairman from 1974 to 1977, worked on John Hospers"s Presidential bid and managed Editor Clark"s 1978 campaign to be Governor of California.
In 1980, Crane served as Communications Director to the Libertarian Party presidential ticket of Clark and Vice Presidential candidate David Koch.
In 1977, with the funding of Charles Koch and the assistance of Murray Rothbard, Crane established the Cato Institute, a libertarian think-tank. While at Cato, Crane grew the organization: from a staff of 10 and a budget of $800,000 when it first opened in San Francisco, to a staff of 127 and a $21 million budget in a newly renovated building in Washington, District of Columbia. He retired from Cato in 2012.