Overreliance On Generosity of the Wealthy

July 9, 2006      Admin

The Business section of today's New York Times leads with a story headlined, “Fighting Diseases with Checkbooks: Rich Donors Can Be a Fickle but Essential Source of Aid for Medical Research.” Writer Andrew Pollack reports on the dangers of relying too heavily on the whimsy of the Big Donor but notes that these gifts for medical research, although small in comparison to the NIH's annual budget of $28 billion, often spur increased government funding for specific diseases.

Worth adding to your weekend stack of reading.