MIT assistant professor, Ed Boyden, discusses the concept of open market philanthropy -- connecting dollars to ideas. Boyden suggests having a website that serves as a forum for announcing research projects. Individuals browse projects and donate as they see fit. The concept is similar to micro-lender, Kiva, but channels funds to researchers.
Full-text blog posting by Boyden available via Technology Review (published by MIT), 9.24.07.
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