
Chapter 2. The Nature of Donations
Mises Institute
The Essence of Donations and Gifts
This chapter examines the defining characteristics of donations and the motivations behind gift-giving, differentiating between selfless acts of love and transactions influenced by self-interest. It explores relational donations, emphasizing the importance of personal connections and the impact of time invested in relationships, particularly in child development. Additionally, the discussion addresses the complexities of acceptance and the subjective value of gifts, challenging the purely materialistic perspective on generosity.
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