CAMBRIDGE — It has become a standard refrain across living rooms, cable news studios, and academic halls across the United States: the American political system is broken. For years, diagnosticians of the American malaise have pointed their fingers at widening economic divides. The prevailing narrative suggests that the root cause…
By Jeffrey Frankel Cambridge | September 25, 2026 Main Facts The United States political system is suffering from a profound and deepening crisis of governance, characterized by unprecedented polarization, legislative gridlock, and a complete breakdown of bipartisan consensus. While conventional political discourse frequently attributes this decay to runaway economic inequality…
ITHACA, NEW YORK — Over the past decade, scholars, economists, and journalists have observed the relentless march of digital technology with a complex mixture of hope and profound anxiety. There is hope because of the measurable rise in living standards, the democratization of information, and the medical breakthroughs that the…
For decades, the high-net-worth philanthropic playbook presented wealth advisors and their clients with a rigid binary choice: establish a private foundation for ultimate control and family legacy, or open a donor-advised fund (DAF) for operational simplicity and maximum tax efficiency. For a long time, these two philanthropic vehicles were framed…
WASHINGTON, D.C. — In the sophisticated ecosystem of modern wealth management, conversations regarding charitable giving have traditionally begun as reactionary measures to specific financial milestones. For financial advisors, family offices, and institutional wealth platforms, a philanthropic strategy was frequently triggered by a discrete life event: the imminent exit of a…
NEW YORK — For decades, wealth advisors and high-net-worth philanthropists faced a familiar, rigid crossroad when mapping out charitable giving. The choice was framed as a binary decision: establish a private foundation to retain absolute control over governance, investments, and family legacy, or opt for a donor-advised fund (DAF) to…
WASHINGTON — In the suites of family offices and wealth management firms across the United States, a quiet transformation is underway. For decades, charitable planning was treated primarily as a year-end administrative afterthought—a reactive scramble to offset capital gains tax or lower adjusted gross income before the December 31 deadline.…
