Today's Liberal News

Christine Emba

What Would Society Look Like if Extreme Wealth Were Impossible?

In February, 93-year-old Ruth Gottesman, a former professor at the Albert Einstein College of Medicine and the widow of financier David Gottesman, announced a gift of $1 billion to her school. With the funds came instructions: The money is to be used to make tuition free for students at the Bronx institution, in perpetuity.
The donation was celebrated—for its size, of course, but also for its humanitarian cast.