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How does it encapsulate that? Can you explain? I see a story about a criminal.
by passivate 5y ago
How does it encapsulate that? Can you explain? I see a story about a criminal.
- bytematic 5y agoMalcom Gladwell did a whole podcast series on this, season 2 of Revisionist History. But the idea is that some colleges like Yale, Harvard, Stanford have mega endowments that mean they can almost never lose money. Some rich people make huge multi million dollar donations just to make big headlines, but some small state college with a tiny endowment could have used that money across a much broader range of students.