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The Billionaire Boys Club

In her book last year, “The Death and Life of the Great American School System”, Diane Ravitch dismissively described the wealthy philanthropists who are bankrolling various efforts to improve the otherwise taxpayer funded school system as the “billionaire boys club”. She argues that the likes of Bill Gates, the Walton family (heirs of the founder […]

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Not just the new should have prizes

They are getting used to making acceptance speeches at Pratham, India’s largest nonprofit working to help the 200 million children in the country who cannot read. In the past twelve months Pratham has picked up the Gold EMPI-Indian Express Indian Innovation Award and was made CNN-IBN Indian of the year in 2009, and now it […]

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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 […]