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Rules of the Broad

Eli Broad and Matthew took part in a lively discussion of philanthrocapitalism today at the LA public library. Billionaire real estate and finance tycoon Broad, who said he enjoyed the book which he read on a trip to Morocco, said that he feared philanthropy would be hit by the financial crisis, but that this only […]

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Gilded ivory towers

The Wall Street Journal has reported a huge donation of $300 million to the University of Chicago Business School by former student David Booth.  While investing in human knowledge looks like the kind of thing that philanthropists should be doing, in the book we do wonder whether this type of mega-donation to an already successful institution is […]