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calculations and notes, a tool he uses to conduct one of
the world’s most rarified economics class, attended
often by the world’s finance ministers and foremost
economists.
His stock in trade is not precisely the making of
money, but the issues that arise when money, at a
heretofore unimaginable rate, makes itself, altering
many basic economic, social, and personal calculations.
He recounts a dinner he had two nights before. The
scene is, like much of what he does, a conspiracy
theorist’s fantasy. The six men at this dinner, all
technology entrepreneurs, represented, together, several
hundred billion dollars and they are deciding how to use
it to alter the world to their liking.
“In the past, only governments had this kind of
money, money of a reality altering scale,” says Epstein
conversationally, but making a pedagogical point. “In
fact, it used to be that the rich, reaching a certain point
of philanthropy, merely hoped to help make the world a
better place, now they want to change the world.
Rockefeller and Carnegie were, as examples of social-
engineering philanthropy, unique. They alone had such
resources and will. Now you have legions of people who
have to give away vastly larger fortunes than
Rockefeller or Carnegie had at their disposal, or might
even have imagined.
“Except that it’s actually hard to give away this
kind of wealth, without unintended consequences that
can cause more problems than you’re solving.”
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