There was once a time when university campuses where funded almost exclusively by land endowments.Some noble person would bequeath a plot of land to a university in the hopes of providing a place for education to flourish. These parcels of land were typically enormous, and small sections of the land could be sold or leased for a profit. In this manner, the institution would be able to pay for the cost of operating their institution. Need to hire more profs, sale a patch of land over in the East corner. Need to build a new library, log some of the forest and make a profit from the timber. And thus an institution could thrive perpetually on the land endowed to them. But, the world changes and gone are the days of land endowments functioning as the sole money generator for universities. Today, most endowments are financial in nature and are vulnerable to the whims of the market and political popularity. If the market slumps, universities have less operating funds. If the government t...

I get a lot of people asking about both Earth Day and Earth Hour. There is a consensus.... Earth Day is better than Earth Hour. The problem is I just don't believe it. Earth Day is a great day. It was started in 1970 and was famously chosen to be on April 22nd, which was incidentally the birthday of the lead ad agency guy. It was immense and did lead to some very important environmental reforms in the United States and subsequently Canada. It is widely celebrated but recently it has not reached the popularity it enjoyed in the early 70's. Earth Hour is a one hour celebration that asks people from around the world to turn off their lights for one hour as a symbolic gesture demonstrating that we can all play a role in helping the Earth. The problem with Earth Hour is that the event is so small that people tend to diminish the importance of the event. "Oh yeah.... one hour eh? How the hell is that going to help the planet?" So which one is better? Neither, they ...