When Philanthrocapitalism was first published in September 2008, some of our critics thought that the economic meltdown would mean the end of superwealth and supergiving. We argued then that the wealth would certainly bounce back, since the rich would be able to weather the storm more easily than the rest of us, and that mega-giving […]
Not everybody is doing badly in the economic crisis. John Paulson, a hedge fund boss, is coining it. He famously took home $3.7 billion in 2007 (personally), after he shorted banking shares, and his funds were up last year and again in the first two months of this year. Whilst the new Forbes rich list […]
“If Matthew Bishop were interviewing for the role of Butler in a family I served as Morals Tutor, I would tell him to stand up straighter, lower his nose to be level with the floor, and not to smirk,” says Phil Cubeta on his Gift Hub blog. Phil is the self-appointed “Morals Tutor to America’s […]