Billionaires' Wealth Is Skyrocketing. Their Philanthropy Is Not

Re:Billionaires' Wealth Is Skyrocketing. Their Philanthropy ... by kiba on Monday February 17, 2014 @12:43PM (#7253231)

Of course, this says nothing about how efficient the allocation of money to charitable causes. Without knowing either way, I assume the rich and poor's allocation are equally efficient.

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Re:Billionaires' Wealth Is Skyrocketing. Their Philanthropy ... by gress on Monday February 17, 2014 @12:45PM (#7253245)

What point are you trying to make?

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Re:Billionaires' Wealth Is Skyrocketing. Their Philanthropy ... by backlava on Monday February 17, 2014 @12:48PM (#7253256)

Except the poor are the charitable cause.

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Re:Billionaires' Wealth Is Skyrocketing. Their Philanthropy ... by gph on Monday February 17, 2014 @12:53PM (#7253286)

Not necessarily. You can donate to environmental causes, social causes, educational institutions, disease/health research, etc. I don't have any exact data, but a lot of charitable donations aren't focused on helping the poor directly.

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