Is Billionaire Charity a Sham?

This week, Felix Salmon, Emily Peck, and Elizabeth Spears debate the value of massive, tax-deductible donations that spend years in administrative limbo. Also: Biden is cranking up production in American factories, and private equity may be making healthcare sick. In the Plus segment: Should we be afraid of Trump in 2024? (Spoiler: Yes.) We’re also excited to announce Money Talks, a new interview series from Slate Money. Every second Tuesday, Felix or Emily will sit down for one-on-one chats with authors, analysts, investors, entrepreneurs, and other movers and shakers of the business world. Tune in this Tuesday, January 9 for Felix’s conversation with Marisa Meltzer, author of Glossy: Ambition, Beauty, and the Inside Story of Emily Weiss's Glossier. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work. Podcast production by Jared Downing. Learn more about your ad choices. Visit megaphone.fm/adchoices