Winslow Homer's Lost on the Grand Banks, for which Bill Gates paid $36 million in 1998 A recent interview in the Financial Times with Bill Gates, that was widely quoted and shared in the media, including this piece in Hyperallergic , reported his equating of giving to a museum with blinding people. Seriously. Essentially he was citing the work of ethicist Peter Singer, whose work has fostered a new "effective altruism" movement, and posing the question that if a significant gift could prevent illnesses that lead to blindness, was giving that money instead to build a new wing of a museum effectively blinding people? [Gates] questions why anyone would donate money to build a new wing for a museum rather than spend it on preventing illnesses that can lead to blindness. “The moral equivalent is, we’re going to take 1 per cent of the people who visit this [museum] and blind them,” he says. “Are they willing, because it has the new wing, to take that risk? Hmm, maybe this ...
Periodic musings on arts, culture, creative economy and philanthropy issues from the President and CEO of the Bonfils-Stanton Foundation in Denver. You can also follow me on Twitter at http://twitter.com/gsteuer.