Relevant and even prescient commentary on news, politics and the economy.

About university endowments, or why Matt Taibbi is a hack

If I were Matt Taibbi’s prof, I’d give him a C for his article. He did some research on endowments, but he gives no useful context. Whatever Rupert Murdoch’s New York Post paid him, it was too much. The Trump Administration wants to use taxes on endowments to subsidize tax cuts to the 1% who […]