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by esbranson 398 days ago
> The EU basically caught up with Harvard
1 comments
benoau 398 days ago
And the kicker is, they're actually planning to overtake Harvard's $526 million investment by approximately three orders of magnitude.

> Von der Leyen announced the 500 million euros ($566.6 million) incentive package and said she also wanted EU member states to invest 3% of gross domestic product in research and development by 2030.

https://www.reuters.com/science/eus-von-der-leyen-announces-...

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esbranson 398 days ago
Let's hope they have better success than NATO at holding the EU states to their pledges. Otherwise Harvard may gain the upper hand.

> The endowment distributed $2.4 billion in the fiscal year 2024.

https://en.wikipedia.org/wiki/2014_Wales_summit

https://finance.harvard.edu/financial-overview

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FirmwareBurner 398 days ago
From where will the increased GPD % for defense and research come from? Education? Healthcare? Infrastructure?
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benoau 397 days ago
Probably from being able to tax corporations effectively and preventing individuals from dismantling functional economies.
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