
I.
In June of 1889, Andrew Carnegie published his essay "Wealth" in the North American Review: a famous document, as remarkable for the author’s delusional self-regard as it is for the case he makes for private philanthropy. The steel baron launched his argument with the dumbfounding claim that until "the past few hundred years [of human history] there was little difference between the dwelling, dress, food, environment of the chief and those of his retainers." He then sails blithely along to insist that we should all welcome the changes in society that make violent wealth inequality inevitable, because the benefits of wealth must inevitably trickle down to the least [...]
How does a 70-year-old man with a stressful job manage to maintain an air of, if not youthfulness, not-so-oldedness? Massive wealth! Anyway, your mayor is 70 today, which leads the New York Times to pose this query: "Would you want Michael R. Bloomberg’s billions (19.5 of them, according to Forbes) if you had to suddenly become 70 years old to get them?" Do bear in mind that rich people live longer.

Mike Bloomberg is an extremely generous rich man. Arianna Huffington dubbed him one of her "Game Changers" in giving, so you know it must be serious. With his $1 salary and relentless check-writing, the NYC Mayor is practically the Platonic ideal of a charitable tycoon: our Philanthropist-King.
All that benevolence looked pretty petty, however, when news broke that his charity invested so as to keep tax payments out of the U.S. The New York Observer unearthed the documents that show how the Bloomberg Family Foundation's money management team shuffled nearly $300 million into far-flung tax havens. The reporters smartly cull up a sarcastic quip from then-candidate Obama, pledging [...]