So this is a companion to what I wrote yesterday on big-time college athletics, and I have 10 minutes to type this before I start work. But I was thinking about this some more, and there’s another angle, besides the cartel issue: it’s a tax issue. When a non-profit engages in activities that are clearly profit-oriented (even if the profits are put to charitable use), then that subsidiary entity is no longer exempted from tax. A non-profit hospital with a... Read more