Doing well and doing good - Philanthropy.(Why a new golden age of philanthropy may be dawning)

From: The Economist (US) | Date: July 31, 2004 | Copyright information

Why a new golden age of philanthropy may be dawning

THAT patron saint of American philanthropy, Andrew Carnegie, believed that "the man who dies rich, dies disgraced." He disposed of 90% of his vast fortune by the end of his life. Carnegie and John Rockefeller were the giants of what now seems a golden age of philanthropy, as the 19th century gave way to the 20th.

Now, another golden age may be about to dawn, and for similar reasons: inequality is a friend of ...

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