🎧 Episode 06 My Little Hundred Million | Revisionist History

Listened to Episode 06 My Little Hundred Million by Malcolm GladwellMalcolm Gladwell from Revisionist History


In the early ’90s, Hank Rowan gave $100 million to a university in New Jersey, an act of extraordinary generosity that helped launch the greatest explosion in educational philanthropy since the days of Andrew Carnegie and the Rockefellers. But Rowan gave his money to Glassboro State University, a tiny, almost bankrupt school in South Jersey, while almost all of the philanthropists who followed his lead made their donations to elite schools such as Harvard and Yale. Why did no one follow Rowan’s example?

“My Little Hundred Million” is the third part of Revisionist History’s educational miniseries. It looks at the hidden ideologies behind giving and how a strange set of ideas has hijacked educational philanthropy.

The key idea laid out stunningly here is strong links versus weak links.

I’m generally flabbergasted by the general idea proposed here and will have to do some more research in the near future to play around further with the ideas presented. Fortunately, in addition to the education specific idea presented, Gladwell also comes up with an additional few examples in sports by using the differences between soccer and basketball to show the subtle differences.

If he and his lab aren’t aware of the general concept, I would recommend this particular podcast and the concept of strong and weak links to CĂ©sar Hidalgo (t) who might actually have some troves of economics data to use to play around with some general modeling to expand upon these ideas. I’ve been generally enamored of Hidalgo’s general thesis about the overall value of links as expressed in Why Information Grows: The Evolution of Order, from Atoms to Economies1. I often think of it with relation to political economies and how the current administration seems to be (often quietly) destroying large amounts of value by breaking down a variety of economic, social, and political links within the United States as well as between our country and others.

I wonder if the additional ideas about the differences between strong and weak links might further improve these broader ideas. The general ideas behind statistical mechanics and statistics make me think that Gladwell, like Hidalgo, is certainly onto a strong idea which can be continued to be refined to improve billions of lives. I’ll have to start some literature searches now…

References

1.
Hidalgo C. Why Information Grows: The Evolution of Order, from Atoms to Economies. New York: Basic Books; 2015.

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Chris Aldrich

I'm a biomedical and electrical engineer with interests in information theory, complexity, evolution, genetics, signal processing, IndieWeb, theoretical mathematics, and big history. I'm also a talent manager-producer-publisher in the entertainment industry with expertise in representation, distribution, finance, production, content delivery, and new media.

2 thoughts on “🎧 Episode 06 My Little Hundred Million | Revisionist History”

  1. Replied to a tweet by Clint Smith on Twitter (Twitter)

    We live in a country where billionaires make the decision to pay their workers less than minimum wage & then when they donate the most infinitesimal amount of their relative wealth to a decent cause they get buildings named after them & endlessly praised.
    It’s all so backwards.

    — Clint Smith (@ClintSmithIII) June 18, 2018

    https://platform.twitter.com/widgets.js

    This reminds me a lot of Malcolm Gladwell‘s thesis about philanthropy in higher education. Hopefully identifying the problem and suggestions for solutions will point a way to fixing the problem.
    Syndicated copies to:

    Syndicated copies:

  2. Replied to a tweet by Robin DeRosa (Twitter)

    What the hell is this? Really asking. https://t.co/Q1kCTs47J1— Robin DeRosa (@actualham) July 30, 2018

    An old white man who’s obscenely wealthy said some things.1 Freeze peach is good & will get lots of Koch $$2 Fields should be merged bc *GALAXY BRAIN* –> HUMAN PROGRESS 3 Faculty members who want in on the Koch teat, pls do the prostration dance4 AND IN CONCLUSION,  — S Owocki (@swahkee) July 30, 2018

    Helpful!— Robin DeRosa (@actualham) July 30, 2018

    Given the statement he makes I honestly wonder if he’s considered taking Malcolm Gladwell’s advice about where to best focus his money for the best outcome based on statistical mechanics–particularly given his stated background?

    🎧 Episode 06 My Little Hundred Million | Revisionist History

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