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Needs in a single day if you're lucky there's no equivalent to that on the non profit side I actually think that the whole field of philanthropy needs a bit of a Sippy shake up because it's easy to get irritated by it you know like what what when people think of land to be they think of a rich person kind of on a whim the supporting someone who needs the money I'm kind of creating this nasty sort of dependency relationship why should they have the right to do that they shouldn't be the people who are shaping the future they should just be paying more in taxes and it's very it's it's it's very easy to get tainted by philanthropy as it is it's it's currently thought often and I think there's a lot of the legacy to criticisms of it but I think there's another way to look at it as a way of people using that creativity and generosity to do to do something for the future to do something to make the world a bit better what what else should people do with the money so that is not a part of in the bank account should they use it to destroy that children they want to help make about what they want to legacy they don't they don't want to be thought of as a as a sort of selfish mean person who's holding the fact is that it's hard to spend funds be ones that you can easily come in stock and so I think a lot of them are in this is our place of wishing to do more but not but not having the time to fully invest in it and not being quite sure how to do it Chris Anderson philanthropy can have its pitfalls even the gates foundation held up as the primary example of the latter P. done right has its critics bill and Melinda gates have donated more than thirty six billion dollars trying to alleviate poverty reduce hunger and preventable diseases while also investing in education programs in the U. S. but could the gate now what one hundred and six billion dollars have too much leverage Bill Gates was considered the most influential individual in education policy in a survey of two hundred American education experts some well health organization officials have complained that the gates foundation's dominance could stifle a diverse city of scientific viewpoints when it comes to malaria research but on the whole many agree medical research is an area of philanthropic spending which should be encouraged Sir how does scientists feel about their work being bankrolled by the super rich I caught up with Dr Christoph call a neuroscientist at the Allen institute in Seattle set up by the light pole island co founder of Microsoft Dr talk began by telling me about the work he's been doing now we work with neurosurgeons in the local area and Seattle in about once a week we get a little piece off human excise brain tissue but now this is a piece of plane the twenty minutes ago was in somebody's head and maybe contains the memory of the first kiss but we can all poker then studied and analyzed and that's extremely avail I think the type of research is being funded by the public hand which of course is still the vast majority right so ninety five percent plus of all the search on the planet faith is funded by by public institutions typically what's fun is what is what the majority of scientists at any given point in time find interesting that's okay but they always ideas that are out there with people early on a very skeptical that nobody believes and then you need somebody who believes in you is willing to push that and if you just go with the average opinion off the average scientist you I'm going to reach those sorts of spaces so I think you really want the diversity of funding well you have a diversity of with pull five what you sort of you do what most people think needs to be done because that probably needs to be done but then you also you'll find a few projects that may be more hi this but also with a potential much higher pay off Paul you know he never pretended that he was an expert he was interested in that he was fascinated in the vast complexity of biology fundamentally hidden he was a nerd you know like like many of us he wanted to understand how it works it wasn't it he said I've been intuition I think if this is what you should look you should do this particular technique and this particular type of plane and then I'll find you for that it wasn't at all like that so the the most interesting that's research arm that's funded by employer people such as Paul really where they go to the community I mean generally interested in this field but you have to tell me what are your challenges what are your pain points where can we make a difference Dr Christoph call making a difference leaving some kind of legacy is clearly a big motivating factor for much of the philanthropy we see today but is it also about creating legitimacy legitimizing an economic system that has somehow left a lucky handful of people the wealthiest one percent with almost half of the well if total wealth according to Credit Suisse back to professor rob right I think there is an attempt to do through philanthropy something that they can't do through the market place which is to make some sort of social acceptance or create the legitimacy for the creation of their great wealth in the first place and that's the classic line yes it might be unseemly that I have so much money it might represent them to you it's just a function of greed but look at the good that I'm doing with it and that's meant to buy you some social acceptance professor Robert Reich ending this edition of business daily produced by Sarah trainable let me know what you think about today's program I'm on Twitter at Viv newness business daily we'll be back again tomorrow the whole day in the field watch full now with the win the grass hello and now here on the BBC world service it's time for witness history with me Michael and Shane real life stories told by the people who were there today the explosive confessions of a European prince about his extramarital affairs he's illegitimate children and a multi million dollar bribe the pain she's dealt the paints spanked the prince's stats the prince speaks that pulls the headline in the newspaper he was on December fourteenth two thousand and four that the scoop was splashed across the front pages of the left wing daily ducks newspaper to folks commands and it was sold out immediately we had to re prints copies of the newspaper during the day the prince in question was prince Bernard of the Netherlands husband and consort of the former Dutch queen Giuliana and father of the then reigning queen Patrick's prince Bernard had died just a few weeks earlier but in the years leading up to his death he's given how was an hours of intimate interviews to two of the folks commands top journalists and my name is young trump I know instead over you please and in those days I was part of the editing stuff of the folks comes he was back in the late nineteen nineties that Yan and his colleague on the paper Peter but which is came up with their ambitious idea to get an exclusive interview with a top personality who rarely spoke to the press first on the list was the pope but hardly surprisingly he declined and second on the list false friends back in March congratulations.

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