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	<title>Andrei Duta &#187; Wall Street Journal</title>
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		<title>Redefining Philanthropy</title>
		<link>http://andreiduta.com/redefining-philanthropy/</link>
		<comments>http://andreiduta.com/redefining-philanthropy/#comments</comments>
		<pubDate>Fri, 08 Nov 2013 16:01:30 +0000</pubDate>
		<dc:creator><![CDATA[Andrei Duta]]></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Andrei Duta]]></category>
		<category><![CDATA[Andrei Duta Philanthropy]]></category>
		<category><![CDATA[Giving Away Money]]></category>
		<category><![CDATA[Great Causes]]></category>
		<category><![CDATA[Obesity]]></category>
		<category><![CDATA[Philanthropy]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

		<guid isPermaLink="false">http://andreiduta.org/?p=118</guid>
		<description><![CDATA[In one decade, John Arnold accumulated a fortune of 4 billion dollars. Introverted, and mild-mannered, few people would guess he is a former Wall Street hedge fund titan. Ever since making his fortune, John and his wife now want to give most of it away. But only to smart causes. The power couple is interested]]></description>
				<content:encoded><![CDATA[<p>In one decade, John Arnold accumulated a fortune of 4 billion dollars. Introverted, and mild-mannered, few people would guess he is a former Wall Street hedge fund titan. Ever since making his fortune, John and his wife now want to <a href="http://online.wsj.com/news/articles/SB10001424127887323372504578466992305986654">give most of it away</a>.</p>
<p>But only to smart causes. The power couple is interested exclusively in &#8220;impact giving.&#8221;</p>
<p>They, for example, plan to fund a comprehensive experiment on what causes obesity. There is much more to know about how the body processes food. A study like this could lead to effective advice not just on obesity but also on other dietary issues; it could improve well-being for virtually everybody.</p>
<p>Along with obesity, they also want to dig into criminal justice and pension reform.</p>
<p>The Arnolds want to give their money to projects that will contribute to the wider depository of human knowledge. Causes have to show a scientific approach to prove that the projects have a high probability of working.</p>
<p>The Arnolds have been criticized for not giving to more immediate (non-experimental) causes. Their public donations focus on public policy problems that create “moral inefficiencies”. They want to help society by making it smarter.</p>
<p>According to The Chronicle of Philanthropy, last year, at $423 million give this far, they are the third-highest givers in the country.</p>
<p>Some philanthropers give money to maintain an image. Some give money to help organizations that helped them. And some, like the Arnolds, give money to actually improve society. The fact that the Arnolds think about the causes they’re supporting in terms of scientific inquiry, implementation, and impact rather than just randomly writing checks indicates that they care both deeply and smartly.</p>
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		<title>South Korean Teachers Make A Lot Of Money</title>
		<link>http://andreiduta.com/south-korean-teachers-make-a-lot-of-money/</link>
		<comments>http://andreiduta.com/south-korean-teachers-make-a-lot-of-money/#comments</comments>
		<pubDate>Thu, 08 Aug 2013 14:37:26 +0000</pubDate>
		<dc:creator><![CDATA[Andrei Duta]]></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Andrei Duta]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Schooling]]></category>
		<category><![CDATA[South Korea]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

		<guid isPermaLink="false">http://andreiduta.com/?p=74</guid>
		<description><![CDATA[According to an article from the Wall Street Journal a teacher by the name of Kim Ki-hoon makes a reported $4 million dollars annually as a teacher in South Korea. He isn&#8217;t a traditional teacher in the sense of the word, but he uses his skills in other facets to make a lot of money with]]></description>
				<content:encoded><![CDATA[<p><img class="size-medium wp-image-76 alignleft" title="Andrei Duta" alt="Andrei Duta" src="http://andreiduta.com/wp-content/uploads/sites/20/2013/08/Screen-shot-2013-08-07-at-5.30.41-PM-197x300.png" width="197" height="300" />According to an article from the <a href="http://online.wsj.com/article/SB10001424127887324635904578639780253571520.html">Wall Street Journal</a> a teacher by the name of Kim Ki-hoon makes a reported $4 million dollars annually as a teacher in South Korea. He isn&#8217;t a traditional teacher in the sense of the word, but he uses his skills in other facets to make a lot of money with a lot of hard work. Kim has been working for over 20 years in the private schools tutoring programs. Unlike most teachers, &#8220;he is paid according to the demand for his skills—and he is in high demand.&#8221; A way in which he creates alternate methods of income is the recording of his videos, and the distribution of them to the world wide web. These videos are available for a going rate of $4 dollars an hour.  He also has released hundreds of textbooks and workbooks and runs his own publishing company.</p>
<p>South Korea&#8217;s education system is considered superior in comparison to the United States. One reason for this is the amount of time and money South Korea puts into tutoring their kids and the way in which they are raised. The rate at which South Korean kids graduate is 93% compared to 77% in the United States. Although after school tutoring is becoming more common in other parts of the world, none have come close to the success of South Korea&#8217;s. Currently the countries private tutors outnumber school teachers.</p>
<p>It seems that the country of South Korea and the private education sector have instilled a new sense of the word education. The amount of school a kid receives with regular day school and then tutoring on top of that is quite a grind for a young child. Looking at the graduation rate in South Korea, it is highly apparent their efforts are working and will only continue to improve moving forward, while creating more opportunities for teachers like Kim Ki-hoon.</p>
<p>&nbsp;</p>
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