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Paris Diary: Income Inequality
While stories of $100 million apartments in New York City make one wonder where the world is going, the 19th century certainly had its own 1%, and quite a 1% it was. The elegant home of banker Salomon de Rothschild is located in the middle of the fashionable 8th arrondissement, close to the Champs Elysées. It was built in the 1870’s, not long after the Paris Commune, a revolutionary uprising with socialist goals.
The building and grounds have been in the hands of the French state since 1922. The mansion now houses the Centre National de la Photographie and other cultural entities, and it can be rented for private events. The graceful garden is open year-round to the public.
How much would such a residence be worth today? Could a Master of the Universe afford one? We certainly don’t see hedge fund founders building homes on Fifth Avenue any more.
Addendum: French President Paul Doumer was assassinated in the Rothschild mansion’s garden on May 6, 1932.
October 18, 2009
When Love Beckoned in 52nd Street
We were at San Francisco’s BIX last evening, enjoying prosecco, cheese, and a bit of music. A full year of inhabitation in Northern California has unraveled to me no decent venue for proper lounging, but…
October 9, 2009
D Afraid of a Little Competish
So our colleague and Dartblog writer Joe Asch informed me that the D has rejected our cunning advertising campaign. Uh-oh. The Dartmouth is widely known as a breeding ground for instant New York Times successes,…
September 4, 2009
How Regents Should Reign
As Dartmouth alumni proceed through the legal hoops necessary to defuse a Board-packing plan—which put in unhappy desuetude an historic 1891 Agreement between alumni and the College guaranteeing a half-democratically-elected Board of Trustees—it strikes one…
August 29, 2009
Election Reform Study Committee
If you are an alum of the College on the Hill, you may have received a number of e-mails of late beseeching your input for a new arm of the College’s Alumni Control Apparatus called…
August 23, 2009
Fare Thee Well, Tom Crady
And now Dean Tom Crady has precipitously announced his departure from the College after only 20 months on the job. How to read this? By way of background, prior to coming to Dartmouth, Crady had…
May 31, 2009
Kangaroo Court, Indeed
In an interview with The Dartmouth, alumni-elected trustee T.J. Rodgers ‘70 explained his reasons for declining to participate in future evaluations of trustees up for “re-election,” namely the “kangaroo court” nature of such discussion in…