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I don't have any objections to the Harvard endowment being so large. What this article doesn't mention, however, is that there is a growing trend of corporation
by gtrubetskoy 11y ago
I don't have any objections to the Harvard endowment being so large. What this article doesn't mention, however, is that there is a growing trend of corporations and the wealthy buying questionable research in order to achieve political/business goals, more and more educational institutions are becoming depended on this kind of income. This sort of thing should probably be taxed (if it's legal to begin with). (This is not specific to Harvard, Harvard is probably least guilty of this, actually).