It was all very well to say that Mark Hopkins could teach on the end of a log: his subject was moral philosophy. His brother Albert, who was a scientist, needed a laboratory. In the century since the Hopkins brothers, education has rolled off the log and become one of the nation's biggest industries; though it has spent millions on its factories it needs two billion dollars more. Where will the money come from?
The University of Rochester's Alan Valentine thinks that what the country needs is a few good multimillionaires. Rising income taxes...
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