Unusual Newspaper Funding Disclosure


Jason Stein’s article on Brazil’s growing soybean export business (and the financial implications for Wisconsin Soybean farmers; Brazil’s costs are lower and they are clearing forests to grow beans) follows a number of articles in other publications on Brazil’s agricultural prowess, including The Star Tribune and the NY Times. Stein’s article is certainly useful and informative (I’m glad they are covering these issues!), however, the article includes a disclaimer that:

Reporting in Brazil was made possible through a grant from the Latin American, Caribbean and Iberian Studies Department at UW-Madison.

I find this amazing. Capital Newspapers is a $112M+ (2003 revenues) very profitable business. I can’t think of one good reason why University funds (direct or indirect) should subsidize this private enterprise. A trip to Brazil, including lodging, food and transportation planned somewhat in advance should cost no more than $3 to $5K. I’d rather see them fund some students, we’d likely get a more for our money.