The US$2 billion that the Amazon founder and his wife are donating to help the homeless and educate young kids may appear selfless. But this money may also soften calls to raise taxes on the rich.
Long-term, transformative investments in universities do not fit well with the short-term, budget constrained priorities of governments.
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For universities in Australia to get the most out of philanthropic donations, they need to develop persuasive cases for giving, and work with staff, communities and donors towards shared goals.
Investor Bill Miller is betting that today’s students can prosper from studying philosophers like Socrates and Plato.
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Investor Bill Miller’s $75 million gift to the Johns Hopkins philosophy department clashes with conventional wisdom regarding the value studying the humanities today.