Why You Shouldn't Donate Money to Harvard

Brad DeLong explains in a great posts that tours us from the contrasting course of the University of California and the Ivy League by way of a detour into the economics of working-owned firms in Communist Yugoslavia. Long story short if you, like me, are a graduate of a fancy college and the development people come around asking you for money don't do it save your money for institutions that (a) have less money and (b) do more to help people in need.