A fascinating, disturbing figure hit my inbox just now, from wealth managers FF&P: school fees have risen ten times faster than income since 2010, so even the 1 Per Cent can’t afford to send their kids to fee-paying schools any longer. According to FF&P Wealth Planning, ‘Incomes of those earning between £100,000 and £499,999 per annum have … More Even the 1 Per Cent can’t afford private school fees any more
Peter Buffett, who has become a philanthropist through the foundation set up by his father, Warren, wrote a screed in the New York Times last Friday excoriating ‘Philanthropic Colonialism’ and ‘conscience laundering’: ‘As more lives and communities are destroyed by the system that creates vast amounts of wealth for the few, the more heroic it sounds … More Peter Buffett’s anti-philanthropy rant helps no-one
For the next issue of Spear’s, I have written (obviously) about the opera scene in Beirut, its existence, survival and self-deceit. One part of my trip in June I couldn’t fit in was my visit to the National Museum (gallery of my pics below). It managed to represent all of Lebanon’s history – from the … More Beirut’s National Museum spans a troubled history
‘Good business is the best art,’ said Andy Warhol (of course). So what are we to make of the announcement this week that EY (formerly Ernst & Young) are sponsoring Tate for three years? The best art seems to depend quite heavily on good business these days. The announcement of the partnership the very moment after EY … More ‘We can’t be the tail wagging the Tate dog’: Inside EY’s new sponsorship deal
I went to the Guggenheim while in New York; they had a James Turrell exhibition on. This is just a void in the wall to let light in, but you could easily mistake it for one of Turrell’s pieces. I wasn’t a big fan of the Googlyheim – it seems like a terrible space to … More An accidental Turrell?