Wednesday, April 25, 2007

Philanthropy as seed money

My latest blog post at Mises.org.


The NY Times is reporting that billionaires Eli Broad and Bill Gates are “joining forces for a $60 million foray into politics in an effort to vault education high onto the agenda of the 2008 presidential race.” What appears to be an extension of their philanthropic activities is simply seed money for the next political solution for failing government schools; a solution that will end up pounding more of my tax dollars down the rat hole that is public education.

A suggestion for Broad and Gates: Keep your money so that I can ultimately keep mine.

3 comments:

Anonymous said...

Gates sees our system, rightfully, as outdated. He is appalled by how unprepared high school graduates are for college, and by high drop out rates. He is alarmed by how few scientists, engineers and mathematicians we churn out as compared to the Chinese and Indians, and criticizes high school curricula as not being rigorous enough and too humanities focused. Frankly, anything is better than what we have now, and, while we haven't seen the fine print on his proposals I am encouraged that he recognizes the same deficiencies in the system as I do.
Watching him battle the establishment will be interesting.

Anonymous said...

"Frankly, anything is better than what we have now" can be a dangerous attitute. Things could get a lot worse than they are now. Never underestimate the ability of well meaning folks to mess things up even worse.

Anonymous said...

7:40am
You are correct, if it is meant as a general statement. Change for the sake of change is not a good reason. I meant it literally. Our kids are not being well served, and the current system is an anachronism. It needs radical overhaul.