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Foreign Funding’s Questionable Odor — The James G. Martin Center for Academic Renewal

Summary by The James G. Martin Center for Academic Renewal
Money doesn’t stink.” This proverb—pecunia non olet in the original Latin—is associated with the Roman emperor Vespasian, in justification of his decision to use public toilets to generate revenue. When the emperor’s son expressed disgust at the tax, Vespasian allegedly held up a coin, asking if it smelled. When his son replied no, the emperor observed: “And yet it is derived from urine.” Vespasian’s thoughts are oddly relevant to a contemporar…
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The James G. Martin Center for Academic Renewal broke the news in on Monday, June 9, 2025.
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