| Nov 13, 2019 | Economy / Business|Editors Picks|HP Featured|Rights / DemocracyBill Gates wants you to know he pays taxes. “I’ve paid more than $10 billion in taxes. I’ve paid more than anyone in taxes,” Gates told journalist Andrew Ross Sorkin. “But when you say I should pay $100 billion, OK, then I’m starting to do a little math about what I...
| Dec 21, 2016 | Economy / BusinessIt’s the season of giving. When you hear about a billionaire “giving back” — like Nike founder Phil Knight’s $400 million gift to Stanford, or hedge funder John Paulsen’s $400 million donation to Harvard — do you feel a warm glow? They...
| May 25, 2016 | Economy / BusinessIf you’re poor, many Americans think, it’s your own fault. It’s a sign of your own moral failing. I don’t personally believe that, but the idea has roots in our culture going back centuries. In The Wealth of Nations, the foundational work of...
| Jan 21, 2016 | Economy / BusinessLet us now praise “Lord Zuckerberg, The Magnificent!” Mark Zuckerberg, the wunderkind of Silicon Valley who co-founded Facebook and amassed roughly a gabillion dollars in personal wealth, is now being hailed as a new giant of American altruism. This started after the...
| Feb 25, 2015 | Economy / BusinessWhen you get fed up with all the greed and narcissism that seems to rule our country, a good way to restore your faith in humankind is to reflect on the generosity of people like Ron Read — a philanthropist from Dummerston, Vermont. Read was no splashy,...