George Soros and Charles Koch are joining to finance a new foreign-policy think tank in Washington D.C., reports the Boston Globe. The claim is that it will promote an approach to the world based on diplomacy and restraint rather than threats, sanctions, and bombing.

It will be called the Quincy Institute for Responsible Statecraft, an homage to John Quincy Adams, who in a seminal speech on Independence Day in 1821 declared that the United States "goes not abroad in search of monsters to destroy. She is the well-wisher to the freedom and independence of all. She is the champion and vindicator only of her own." The Quincy Institute will promote a foreign policy based on this live-and-let-live principle, says The Globe.