News for hackers. Stuff that matters.
Re:Why a German billionaire says that pledges like Mark Zuck... by Retric on Thursday December 03, 2015 @12:18PM (#10670840)
Private charities have on average been terribly inefficient in the US. However, in terms of Conspicuous consumption (https://en.wikipedia.org/wiki/Conspicuous_consumption) they are better than building ever larger boats.
Re:Why a German billionaire says that pledges like Mark Zuck... by Afforess on Thursday December 03, 2015 @12:23PM (#10670887)
I think the key question is whether private charities are more or less efficient relative to governments, not whether they are efficient in an absolute sense.
Re:Why a German billionaire says that pledges like Mark Zuck... by Retric on Thursday December 03, 2015 @12:55PM (#10671194)
You’re assuming government spending would increase 1:1 which might be true, but is not guaranteed.
Re:Why a German billionaire says that pledges like Mark Zuck... by stillsut on Thursday December 03, 2015 @12:39PM (#10671050)
In fact, it would be declasse to be seen on a mega yacht except if it was for a charity gala. Yacht is of course owned by charity, which is owned by... well you know who.

But you gotta spend money to give money!

Re:Why a German billionaire says that pledges like Mark Zuck... by moistgorilla on Thursday December 03, 2015 @12:23PM (#10670897)
do you have a source for that statement and does that source take into account the basically fraudulent "charities" that exist to pay their ceos