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You would think that University of Chicago could sacrifice 0.1% of their endowment to help out someone who had brought them so much prestige.
by pmdulaney 8y ago
You would think that University of Chicago could sacrifice 0.1% of their endowment to help out someone who had brought them so much prestige.
- jmcgough 8y agoThey probably weren't even aware of his situation when this happened.
- pmdulaney 8y agoYeah, you're probably right...
- sp332 8y agoThe endowment is over $7.5 billion, so it would be .01% https://annualreport.uchicago.edu/page/endowment https://annualreport.uchicago.edu/page/endowment
- telchar 8y agoBut then how would we know the value of a Nobel prize? I'm sure the University of Chicago economists would tell us that you can't have an efficient market for Nobel medals without such transactions.
- gfarah 8y agoMy thoughts exactly. Or at the very least, help fundraising with current and former university students. I am sure a lot of them would have had contributed.
- tropdrop 8y agoLederman began suffering memory loss in 2011, as the article mentions. Four years later, it is unlikely that he had the energy and capability to launch a crowd-sourced fundraising campaign. Professors aren't really known for their lack of hubris, either... begging students/faculty for money might have seemed to him an activity that would rob him of whatever dignity he had left. In other words, I am not shocked a renowned Nobel Prize-winning physicist refused to ask for help.