That makes sense. Harvard has $40 billion endowment last I heard. Facebook has a market cap much greater than that.
----------------------------------- Frank Wimberly My memoir: https://www.amazon.com/author/frankwimberly My scientific publications: https://www.researchgate.net/profile/Frank_Wimberly2 Phone (505) 670-9918 On Fri, Sep 14, 2018, 5:19 PM Marcus Daniels <[email protected]> wrote: > Factoid: Facebook has the 45th ranked supercomputer in the world, above > Harvard and even the Atomic Weapons Establishment of the United Kingdom. > > > > *From: *Friam <[email protected]> on behalf of Frank Wimberly < > [email protected]> > *Reply-To: *The Friday Morning Applied Complexity Coffee Group < > [email protected]> > *Date: *Friday, September 14, 2018 at 5:03 PM > *To: *The Friday Morning Applied Complexity Coffee Group < > [email protected]> > *Subject: *Re: [FRIAM] Friam Today > > > > Nick, > > > > Good essay by Bruni. > > > > My wife, who went to Harvard (as you know, Nick), was made physically ill > by the theme in The Social Network of the rich kids lording it over others > because of their weekend trips to the Hamptons or Newport for coming out > parties. > > > > Frank > > > > On Fri, Sep 14, 2018 at 1:59 PM Nick Thompson <[email protected]> > wrote: > > Hi, Frank, > > > > Yes. That’s an exciting bit of news. I have no “inside information” > about what is going on, but inferring from my experience at Clark > University, St. Johns taking on the almost universal practice of stating > notional “sticker prices” which only the wealthiest students pay and which > help to pay the tuitions of their less fortunate colleagues. I am > ambivalent about it, myself, since the practice Incorporates the fact that > for rich people to get any education worth its salt, there HAVE to be poor > people around them. Nothing poisons the mind so thoroughly as living > amongst unseemly wealth. Talk about “entitlement”. Yuck! > > > > On the other hand, for institutions of higher education, devoted after all > to the pursuit of truth, to base their tuition structure on a lie, is also > icky, so I applaud the experiment. St. Johns apparently feels that this > policy will get them an even more balanced student body than the practice > of overstating tuition costs to include scholarship costs. Making tuition > costs more honest will go a long way to challenging the exaggeration of > higher education inflation, which comes largely from accommodating rich > students in the style to which they are accustomed so that enough of them > will apply to pay for the poorer ones. (Apparently, the Umass dining hall > is now serving sushi!) > > > > Frank Bruni wrote > <https://www.nytimes.com/2018/09/11/opinion/contrarian-college-stjohns.html> > about the change in the NYT. In less than 24 hours, 1200 comments > accumulated, a few mindless, but many interested. They are still available > at the link above, or I scraped the site and put them in a word file, > above. > > > > See you in three weeks, > > > > Nick > > > > Nicholas S. Thompson > > Emeritus Professor of Psychology and Biology > > Clark University > > http://home.earthlink.net/~nickthompson/naturaldesigns/ > > > > *From:* Friam [mailto:[email protected]] *On Behalf Of *Frank > Wimberly > *Sent:* Friday, September 14, 2018 1:34 PM > *To:* The Friday Morning Applied Complexity Coffee Group < > [email protected]> > *Subject:* [FRIAM] Friam Today > > > > There were only four of us at Friam today. Three of us got there early > and the fourth walked. Also the coffee shop was full of students. This was > apparently all because of a presentation by the College administration > about St. John's new tuition policy in which the tuition is being reduced > by tens of thousands of dollars per year. The parking lot was virtually > full by the time I got there at about 8:45. I assume it was lack of > parking that caused such low attendance. I hope to see you New Mexico > Friam members next week. > > > > Frank > > > -- > > Frank Wimberly > 140 Calle Ojo Feliz > Santa Fe, NM 87505 > 505 670-9918 > > ============================================================ > FRIAM Applied Complexity Group listserv > Meets Fridays 9a-11:30 at cafe at St. John's College > to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com > FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove > > > > -- > > Frank Wimberly > 140 Calle Ojo Feliz > Santa Fe, NM 87505 > 505 670-9918 > ============================================================ > FRIAM Applied Complexity Group listserv > Meets Fridays 9a-11:30 at cafe at St. John's College > to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com > FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove >
============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove
