With a single $2.9 million donation, Bill Gates appears to have succeeded where governments for decades have failed.
That's the sum that the Aeras foundation invested in a tuberculosis medicine under development that by next year will start clinical trials. The foundation in its turn received a $82.9 grant from the Bill and Melinda Gates Foundation.
Tuberculosis, as it turns out, every year kills about 2 million people in third world countries . If you save those people, they can earn incomes, pay taxes and help build up the local economies. A $2.9m investment seems a small sum to save 2 million lives.
But why do we need Bill Gates to fund this research? Isn't that what governments are supposed to do?
I couldn't help but think about how Gates created a monopoly in the software market that – as has been ruled by a federal judge – hurt consumers and enterprises. At the same time he is using the billions that he gained through his actions to make the world a better place and solve problems that governments are unable to solve.
This world gets more confusing all the time.
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