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Chapter 5. The Economics of Donations

Mises Institute

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Interconnected Economies: Donations and Market Dynamics

This chapter examines the intricate relationship between charitable donations and the market economy, highlighting their competition for resources like time and wealth. It argues that as economic growth occurs, both the capacity and desire to donate increase, marking a shift from material to relational gifts. Additionally, the chapter analyses factors influencing donations in the context of economic conditions, emphasizing the role of inheritance and monetary policy on the dynamics of giving.

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