We're Talking Triage

There is nothing like an economic downturn to concentrate the mind wonderfully. That turn of phrase was coined by the 18th century English pundit Samuel Johnson. Although speaking about a man who knew he was to be hanged in a fortnight, Johnson might well have been describing the cumulative effect on philanthropy of three consecutive years of falling financial markets: The prospect of having less

There is nothing like an economic downturn to “concentrate the mind wonderfully.” That turn of phrase was coined by the 18th century English pundit Samuel Johnson. Although speaking about a man who knew he was to be hanged in a fortnight, Johnson might well have been describing the cumulative effect on philanthropy of three consecutive years of falling financial markets: The prospect of having less to give concentrates one's philanthropic thinking.

Before 2003 many philanthropists use

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