Bringing Candor to Charitable Solicitations

The American public donates a staggering amount of money to nonprofit charities. These charities routinely solicit and receive money from donors for specific, earmarked purposes. Often, however, charities ignore their obligations to use money for these designated uses. In many circumstances, even a seemingly benign redirection of earmarked gifts for other charitable purposes could constitute fraud and misrepresentation. Breaking the implicit or explicit promise to use money in a designated manner harms donors, charities, and the public. Prospective donors assess the value of charitable donations in a manner similar to the way they value consumer goods and services and can be swayed by false claims. Accordingly, allowing distortions of perceived value misleads donors when they are directing their charity. In light of detailed examinations of charitable-organization spending practices, this Article will propose that charities should adhere to a new, higher level of candor in their public communications. Maintaining a renewed, scrupulous approach to disclosure would, in Chief Justice John Marshall’s parlance in Trustees of Dartmouth College v. Woodward, ensure “that the charity will flow . . . in the channel” that the donors expressly choose

Lagrange Multipliers and Couplings in Supersymmetric Field Theory

In hep-th/0312098 it was argued that by extending the ``$a$-maximization'' of hep-th/0304128 away from fixed points of the renormalization group, one can compute the anomalous dimensions of chiral superfields along the flow, and obtain a better understanding of the irreversibility of RG flow in four dimensional supersymmetric field theory. According to this proposal, the role of the running couplings is played by certain Lagrange multipliers that are introduced in the construction. We show that one can choose a parametrization of the space of couplings in which the Lagrange multipliers can indeed be identified with the couplings, and discuss the consequences of this for weakly coupled gauge theory.Comment: 13 pages, harvma

Explaining Low Redshift Quasar Evolution

We have developed a flexible framework for constructing physical models of quasar evolution that can incorporate a wide variety of observational constraints, such as multi-wavelength quasar luminosity functions (QLFs), estimated masses and accretion rates of active black holes, space densities of quasar host galaxies, clustering measurements, and the mass function of black holes in the local universe. In this brief contribution we focus on the observed decline in the QLF break luminosity at $z<2$, which can be explained either by a shift toward lower characteristic accretion rates at low $z$ or by preferential suppression of activity in higher mass black holes.Comment: 2 pages, 1 figure, to be published in the Proceedings of "Multiwavelength AGN Surveys", Cozumel, Dec 8 - 12, 200