The book was mentioned in the context of a discussion on the economics of higher education, particularly within Ivy League universities. It was described as having an argument that Princeton University could be a perpetual motion machine and provide free tuition for all.
Princeton is the world's first perpetual motion machine Gladwell writes at the heart of his argument is this quote after a stellar year in 2021 Princeton University has an endowment of thirty seven po...
— Episode: 12/5/22 - Twitter Files, Kanye Banned, D...
Episode: 12/5/22 - Twitter Files, Kanye Banned, Dem Primary...
The book was mentioned in the context of a discussion on the economics of higher education, particularly within Ivy League universities. It was described as having an argument that Princeton University could be a perpetual motion machine and provide free tuition for all.
Princeton is the world's first perpetual motion machine Gladwell writes at the heart of his argument is this quote after a stellar year in 2021 Princeton University has an endowment of thirty seven point seven billion over the past twenty years the average annual return for the endowment has been eleven point two percent which prints puts Princeton's return next year at roughly three point seven seven billion he continues now what is Princeton's annual operating budget that would be one point eight six billion the arithmetic is not hard three point seven billion investment minus one point eight six and operating still leaves you with one point nine one billion leading him to conclude what quote Princeton could let every student in for free