That the moneyed are munificent is welcome, but that the best brains in business take the giving seriously matters, too.
Rural incomes have risen by one-third for small farmers and two-thirds for big ones, reversing eight years of stagnation and decline, thanks to munificent EU subsidies and an influx of foreign buyers offering high prices for Polish meat and fruit.Poland's total exports rose by more than 30% in the first nine months of 2004, helped by the abolition of customs formalities.
This will not make up much of the £10-billion gap between the endowments of Harvard and Cambridge, the richest universities in America and Britain, and is unlikely to inspire British alumni to become as munificent as America's.When called upon to assist other causes, though, Britons are generous: they come near the top of philanthropic league tables (see chart).
He and others like him hope that the cancer-genome consortium will throw up dozens of similar genes, and that they, too, will prove tractable targets for drug development.Of course, if Dr DePinho had a penny for every time a "cure for cancer" headline proved premature, he wouldn't need munificent donors.
The G20 meetings were a signal of a concerted determination to act.In this section When the chips are down Gas, grains and growth The munificent seven Who's next?
For that, as Mr Gref says, the bank needed to "change all its practices by 180 degrees".In this section When the chips are down Gas, grains and growth The munificent seven Who's next?
Stockmarket returns in the developed world over the next few years seem likely to be less munificent than in the 1990s.
But some of China's consumption is also a bit questionable.In this section When the chips are down Gas, grains and growth The munificent seven Who's next?
The munificent Mr Knight is already the eponymous backer of the Philip H. Knight professorship held by the business school's dean, Robert Joss.The new 340,000-square-foot campus is designed to accommodate a major restructuring of Standford GSB's curriculum, announced in June.
Munificent (and, possibly, narcissistic) alumni have donated millions of dollars for the privilege of having their names permanently etched in stone at some of the world's finest business schools.
Yet it is nonetheless extraordinarily munificent, with no strings or stringent accounting requirements.
