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Ones and Tooze

The Columbia Protests and the Economics of Divestment

May 3, 2024
Discussing the Columbia protests for divestment from Israel, the podcast explores the economic landscape of universities, endowment management, donor influence, and political symbolism. It delves into the tensions at Columbia University during protests, analyzing the financial intricacies and historical significance of university endowments.
38:58

Podcast summary created with Snipd AI

Quick takeaways

  • Columbia's endowment management struggles to deliver optimal returns compared to successful investment strategies at Yale.
  • Student protests at Columbia aimed at symbolically divesting from Israel-related investments, emphasizing political messaging over financial implications.

Deep dives

Protests and Arrests at Columbia University

This week, protests erupted at Columbia University with activists demanding the divestment of assets tied to Israel. The university made 280 arrests, disrupting campus activities and leading to restrictions on student and faculty access. The protests focused on Columbia's financial ties, prompting discussions on economic identity and endowment management.

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