The Economist - January 29th, 2005
The Economist - January 29th, 2005
The Economist - January 29th, 2005
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<strong>The</strong> Gates foundation<br />
Missionary zeal<br />
Jan 27th <strong>2005</strong><br />
From <strong>The</strong> <strong>Economist</strong> print edition<br />
Yes, Bill Gates really does think he can cure the world<br />
AIDS. Malaria. Tuberculosis. Dengue. Sleeping sickness. Bilharzia. Filariasis. <strong>The</strong> list of infectious<br />
diseases that afflict the poor world is long and depressing. <strong>The</strong> list of treatments is<br />
correspondingly short and depressing, for the incentive of those who have the money to discover<br />
and develop such treatments is slim. <strong>The</strong> end of colonialism eliminated most of the political will to<br />
do so. <strong>The</strong> lack of a market enervated the financial will. AIDS aside (and that only because it<br />
afflicts a few hundred thousand rich westerners as well as millions in poor countries), these are<br />
Cinderella diseases.<br />
That may be a cliché, but it is oddly pertinent. For Cinderella was rescued by a fairy godmother.<br />
And although Bill Gates is more usually cast in the role of Demon King in the modern fairy tales<br />
told by computer geeks, he may yet go down in history as a fairy godfather. That is because he<br />
has given a substantial part of his fortune—some $28 billion so far—to a foundation that bears his<br />
name and that of his wife Melinda. And that foundation, the world's largest charity, is dedicated<br />
mainly to making the poor world healthier.<br />
Fixing the wetware<br />
Science Photo Library<br />
<strong>The</strong> Gates foundation has been in the news this week because of a $750m grant it has made to<br />
the Global Alliance for Vaccines and Immunisation (GAVI—see article). That is big, but compared<br />
with the sums sloshing around in national foreign-aid budgets, it is not humungous. What marks it<br />
out is how well directed it is.