Sure, you can always think of a subjectively better way to spend other peoples’ money. It usually involves you, being a recipient thereof. The old argument resurfaces in todays Detroit Free Press, Desiree Cooper would like to play the role of central planner with Warren Buffets multi-billion dollar philanthropic donation: “I’m dazzled by the possibilities for world transformation. But when I see the money going toward stemming the AIDS crisis in Botswana or immunizing...
