Vedder

A mid-year collection of interesting and insightful thinking about grantmaking and giving.

The Ohio University professor emeritus talks to Michael E. Hartmann about whether tax-incentivization is a subsidy, the taxation of endowments in higher education, Milton Friedman’s 2003 e-mail to him about negative externalities in higher ed, whether there might also be negative externalities in philanthropy, and the taxation of endowments in philanthropy, as well as a little about the Ohio Bobcats’ football team.

The Ohio University professor emeritus talks to Michael E. Hartmann about the academic study of economics overall and applies a basic, general economic concept or two in the context of charitable giving to higher education.