"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
How to Donate a Billion

Gary North sometimes gets it wrong IMHO, but today he's posed a great question: how would you give away a billion dollars? Well worth reading, and he promised to answer his own question tomorrow.
He shows some of the hazards of giving such a huge amount to organizations that are doing good work now; how does one make sure they continue doing so? A tough one.
I think my own answer would be either to set up a venture capitalist firm and pick some crackerjack managers, or else fund SAVOG: the so-far unfunded Society to Assist Victims of Government. There would be no danger of money remaining unspent in that one. The venture-cap idea would cause all manner of benefits to reach a vast number of people over many, future years. Possibly half to one, half to the other.
There's an obvious option: to give it to organizations best poised to bring about a free society; but that's not even on my short list. A free society will come about as a result of this process, and in no other way - and it doesn't need any money at all.
Print
- Login to post comments
- Jim Davies's blog
Comments
North's plan for giving away a billion bucks is shown here, and it is definitely creative. I'd missed the international dimension, but will stick with my original choices.
How did you do?