I’m all in favour of doing whatever it takes to support poetry. But I was rocked back in my chair by the report that Ruth Lilly has given $100 million to Poetry magazine. From a hand-to-mouth existence, like most literary publications, Poetry is now one of the world’s wealthiest publications. Good luck in figuring out how best to use the money.
Matthew Yglesias makes some important points on foreign aid. “I think we should give more foreign aid. We should also conduct a more enlightened foreign and military policy. We should open our agricultural and apparel markets more. But it’s far from clear to me that we’re actually behaving any worse than the Europeans. Being better than the Europeans, however, is not the goal — we should be the best we can be.”