When people talk about private vs. public schooling for their children, they think of the annualized cost, and sometimes they do the math for their 2.3 kids and realize that for K-12, they're well upwards of a half million dollars in completely illiquid investment (as opposed to buying a house in a neighborhood with top public schools, where the ROI is more tangible and when necessary immediate).
Continue reading "Vested Interest" »
Those of you who knew me in 1998 will recall my pronouncement that there would be a clamour for Bill Gates to run for President in 2008. This was before a lot of things happened, but I based it on expectations that environmental issues would be key and people would want someone who had "proven" they could "get things done," ruthlessness be damned.
Well, no need to run; he's become King. The Gates+Buffet philanthropy juggernaut involves giving away $3 Billion annually. While I both agree with and at times outright admire their effectiveness, I am a bit concerned by the precedent this sets: since the Foundation sets policy and accepts RFPs, it's really a top-down structure, and one that isn't representational.
Continue reading "Forget Bill Gates for President" »