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> The EU basically caught up with Harvard


And the kicker is, they're actually planning to overtake Harvard's $526 million investment by approximately three orders of magnitude.

> Von der Leyen announced the 500 million euros ($566.6 million) incentive package and said she also wanted EU member states to invest 3% of gross domestic product in research and development by 2030.

https://www.reuters.com/science/eus-von-der-leyen-announces-...


Let's hope they have better success than NATO at holding the EU states to their pledges. Otherwise Harvard may gain the upper hand.

> The endowment distributed $2.4 billion in the fiscal year 2024.

https://en.wikipedia.org/wiki/2014_Wales_summit

https://finance.harvard.edu/financial-overview


From where will the increased GPD % for defense and research come from? Education? Healthcare? Infrastructure?


Probably from being able to tax corporations effectively and preventing individuals from dismantling functional economies.


[flagged]


> If governments haven't learned to do properly tax corporations already what makes you think they'll suddenly figure it out now?

"Ground-breaking new EU rules come into effect today introducing a minimum rate of effective taxation of 15% for multinational companies active in EU Member States"

https://ec.europa.eu/commission/presscorner/api/files/docume...

> Who are these individuals

Jeez I don't know, I can't think of anyone let me make a wild guess perhaps Trump and Musk.




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