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HeerJeet's profile
Jeet Heer
Jeet Heer
Jeet Heer
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@HeerJeet

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Jeet HeerVerified account

@HeerJeet

1. Writer, The Nation https://www.thenation.com/authors/jeet-heer/ … 2. email: jeetheer1967 at gmail dot com 3. Twitter essayist 4. Drawn by Joe Ollmann

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Joined June 2012

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    Jeet Heer‏Verified account @HeerJeet 9 Apr 2020

    Jeet Heer Retweeted David 2022-RELATED PUN Walsh

    One way to answer this is to say that Princeton isn't a university with an endowment but an endowment that operates (largely for tax & public relations reasons) a university.https://twitter.com/DavidAstinWalsh/status/1248210259132456960 …

    Jeet Heer added,

    David 2022-RELATED PUN Walsh @DavidAstinWalsh
    Again, what is the point of a $26 billion endowment for a university with approximately 10,000 faculty, staff, and students if you can’t tap into it during a time of crisis? https://twitter.com/jd_schnepf/status/1247976113923665920 …
    Show this thread
    8:38 AM - 9 Apr 2020
    • 86 Retweets
    • 304 Likes
    • matthewbrek Abraxas3d Brian Welsch. BLM! ☮️ Tom Shoetrump Trey Nick Tramdack enchilada enthusiast (Not About Data) Scott Hirleman; #blacklivesmatter Haltia Capital
    10 replies 86 retweets 304 likes
      1. FarMcKon  🇺🇸‏ @FarMcKon 9 Apr 2020
        Replying to @HeerJeet

        "Prussia isn't a state with a milltary. It's milltary that has a state" - old German saying

        0 replies 0 retweets 6 likes
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      1. Memorandum of Undemanding‏ @JaroslavH 9 Apr 2020
        Replying to @HeerJeet

        Similar joke about Apple being an accountancy firm with a technology subsidiary.

        0 replies 0 retweets 0 likes
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      1. Sherparick‏ @sherpaCato 9 Apr 2020
        Replying to @HeerJeet

        "A 2014 American Economic Review study looked closely at the incentives behind this behavior and found that there has been a trend toward an overemphasis on the health of an endowment rather than the institution as a whole." Investopedia

        0 replies 1 retweet 2 likes
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      1. Das‏ @KitchenChemProf 9 Apr 2020
        Replying to @HeerJeet

        That's not the only one - there are many very large hedge funds disguised as universities

        1 reply 0 retweets 3 likes
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      1. Andrew Norman‏ @Awn1980 9 Apr 2020
        Replying to @HeerJeet

        I think you meant *hedge fund*

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      1. bellye66 (Douglas Bell)‏ @bellye66 9 Apr 2020
        Replying to @HeerJeet

        To be fair this is true of Public universities as well check out Cal Berkeley’s endowment or U of T The problem is the polis’ indifference to citizenship as central to the educated mind.

        0 replies 0 retweets 1 like
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      1. Dave Kamper  🌹‏ @dskamper 9 Apr 2020
        Replying to @HeerJeet

        Precisely

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      1. Mojrim ibn Harb‏ @MojrimIbnHarb 9 Apr 2020
        Replying to @HeerJeet

        More of a private capital fund with a uni...

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      1. Golfina‏ @Golfina11 9 Apr 2020
        Replying to @HeerJeet

        If they are getting salary but not increases, that does not seem so bad, even if there is a big endowment. Saying people deserve raises if everyone is still employed at their pre Coronavirus salary in today’s moment sounds crazy.

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