The Harvard Trickle-Down Effect

Doug Lederman, Inside Higher Ed, Jan 08, 2008
Commentary by Stephen Downes

Last week I mentioned criticisms that Harvard and others spend much less of their endowment than other tax exempt non-profits, such as foundations. This week we are now witnessing the political spin intended to defelect attention away from that criticism as several prominent people speak out against Harvard's 'high rate of spending'. As if. More here.
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