This document is absolutely insane. It's a massive testament to the power of culture/cumulative norm-setting that broader society doesn't think twice about propping up "universities" that are essentially massive finance brands under the hood https://twitter.com/MicahMerrick/status/1253893029296918528 …
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Big prob that lotta wealthy olds & dead olds required only spend on the pet projects & only spend income & professors wanna spend on other things & so general use money is tight.
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Isn't harvard basically a big tax free investment vehicle at this point?
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