I’m not a bot but I am always posting relevant and recent (2017) New Yorker articles that are worth reading: https://www.newyorker.com/magazine/2017/12/18/jim-

I’m not a bot but I am always posting relevant and recent (2017) New Yorker articles that are worth reading: https://www.newyorker.com/magazine/2017/12/18/jim-simons-the-numbers-king https://www.newyorker.com/magazine/2017/12/18/jim-simons-the... And this interesting theme: > Foundations are not taxed, so much of the money that supports them is money that otherwise would have gone to the government. Scientific mega-donors answer to no one but themselves. Private institutes tend to have boards chosen by their founders, and are designed to further the founders’ wishes, even beyond their deaths. Rob Reich, a professor of political science at Stanford University and an expert on philanthropy, told me, “Private foundations are a plutocratic exercise of power that’s unaccountable, nontransparent, donor-directed, and generously tax-subsidized. This seems like a very peculiar institutional and organizational form to champion in a democratic society.”