3 ms·

> The EU basically caught up with Harvard

• benoau 1y ago
  And the kicker is, they're actually planning to overtake Harvard's $526 million investment by approximately three orders of magnitude. > Von der Leyen announced the 500 million euros ($566.6 million) incentive package and said she also wanted EU member states to invest 3% of gross domestic product in research and development by 2030. https://www.reuters.com/science/eus-von-der-leyen-announces-500-mln-euros-package-boost-european-science-2025-05-05/ https://www.reuters.com/science/eus-von-der-leyen-announces-...
  • esbranson 1y ago
    Let's hope they have better success than NATO at holding the EU states to their pledges. Otherwise Harvard may gain the upper hand. > The endowment distributed $2.4 billion in the fiscal year 2024. https://en.wikipedia.org/wiki/2014_Wales_summit https://en.wikipedia.org/wiki/2014_Wales_summit https://finance.harvard.edu/financial-overview https://finance.harvard.edu/financial-overview
  • FirmwareBurner 1y ago
    From where will the increased GPD % for defense and research come from? Education? Healthcare? Infrastructure?
    • benoau 1y ago
      Probably from being able to tax corporations effectively and preventing individuals from dismantling functional economies.
      • FirmwareBurner 1y ago
        [flagged]
        • benoau 1y ago
          [flagged]
          • FirmwareBurner 1y ago
            [flagged]