A Foundation Gift with Strings Attached

Reason Magazine has the story:

The University of North Carolina-Charlotte was -- way back in 2005 -- one of many schools to accept a business college endowment from the BB&T Charitable Foundation. BB&T Chairman John Allison is a big fan of Ayn Rand. Not suprisingly, Allison has been using the foundation to fund courses and programs on the moral defense of capitalism. In the case of UNCC, this was to include an Ayn Rand Reading Room at the business school. Again, this was widely known years ago.

Now -- all of a sudden -- the UNCC faculty has noticed the program and is freaking out. Chancellor Phil Dubois -- in the proud tradition of edu-crats -- is waffling and attempting to plead ignorance of the whole thing. That "teaching" Rand and specifically Atlas Shrugged was not to be part of the course offering as he understood it. Whatever.

Goodness knows we can't be defending capitalism in colleges can we?