4 ms·
Reminds me of a story about a professor. He has framed an old request for a grant and put it up in his office: > I need 20000US$. That's all it reads (with va
by archi42 7y ago
Reminds me of a story about a professor. He has framed an old request for a grant and put it up in his office:
> I need 20000US$.
That's all it reads (with value converted to today's dollar-value for easier interpretation) - and of course it was granted.
- andruby 7y agoI'd love to get a little more context. Who applied for the grant? Where was this?
- michaelhoffman 7y agohttps://dirnagl.com/2014/01/14/otto-warburgs-research-grant/ https://dirnagl.com/2014/01/14/otto-warburgs-research-grant/
- archi42 7y agoAaah, thanks! This is what I had in mind. Though I misjudged the time frame: 10000 Mark in 1921 is in the ball park of 2000 US$ today; that is, if he got lucky, since the German hyperinflation in the 20s quickly made that money essentially worthless.