Bill Gates Letter
June 26, 2009 by admin
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Today, Bill Gates posted his first letter as co-chairman of his foundation. He talks about the foundation losing 20% of its assets last year and cites a 1930 essay from John Maynard Keynes (Keynesian economics) that mirrors our current economic situation. One thing that I found interesting was that Gates said he would likely “make mistakes in over-applying some elements from my previous experience and will need to adjust.” In essence, I believe he is talking about the “mistake” of applying old business paradigms to an emerging new business frontier with all new values and principles–culturally and economically. The letter also has a lot of value in looking at the direct relationship between global health and economics. It’s a bit long but interesting nonetheless. You can read the letter here
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