You can figure out a lot about the incentive structure of American intellectual life based on these numbers.pic.twitter.com/kQyXmuwLLw
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Is it weird that they had “capital campaigns” and “investments” but these funds weren’t considered an endowment? We’re donors told they were contributing to an endowment?
Next step—merger with Dissent
If the financial information is accurate, in a few years Dissent will be able to buy out Commentary, thus fulfilling Woody Allen's prophesy.
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