http://blogs.reuters.com/felix-salmon/2009/12/08/the-andy-warhol-foundations-motives/ A slice of lime in the soda Sat, 25 May 2013 00:03:13 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/felix-salmon/2009/12/08/the-andy-warhol-foundations-motives/comment-page-1/#comment-9672 CurtD59 Tue, 08 Dec 2009 07:52:42 +0000 http://blogs.reuters.com/felix-salmon/2009/12/08/the-andy-warhol-foundations-motives/#comment-9672 We already know that endowed foundations attract unhealthy characters over time, and there is a body of literature that recommends we tax them to closure within a generation. Partly because they become private political advocacy organizations, partly because they engage in all sorts of nefarious activity - because they are insulated from the market process, which is exactly why they attract the sort of character that they do. We already know that endowed foundations attract unhealthy characters over time, and there is a body of literature that recommends we tax them to closure within a generation. Partly because they become private political advocacy organizations, partly because they engage in all sorts of nefarious activity – because they are insulated from the market process, which is exactly why they attract the sort of character that they do.

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