Mises Institute

The Conclusion to Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 393–398 in the print edition.

Part Three: Gratuitous Goods and the State Chapter 9 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 261–290 in the print edition.

Delve into the fascinating dynamics of donations versus standard economic transactions. Discover how subjective value influences personal giving and the broader implications of altruism in markets. Explore the competitive space between charitable donations and economic growth, revealing a shift toward relational gifts. Unpack the virtues essential for cooperation and trust in production processes. Finally, investigate how large philanthropic organizations navigate for-profit management strategies and the intricacies of economic evaluation in diverse sectors.

Discover the fascinating world of gratuitous goods, defined as items obtained without monetary exchange. The discussion dives into the importance of social relationships and justice within these transactions. Explore self-ownership and private property rights, along with the intricate dynamics of gift-giving across cultures. Delve into the universal craving for free goods, linking it to economic principles and societal structures. Finally, examine the dual nature of gratuitousness, contrasting human desires for unearned benefits with the moral implications of disregarding obligations.

In this discussion, Jorga Guido Hülsmann, a Professor of Economics at the University of Angers and a senior fellow at the Mises Institute, introduces captivating insights from his book on economic principles. He emphasizes the vital role of gratuitous goods, like love and friendship, in understanding economic systems. Hülsmann highlights how these intangible assets influence capital accumulation and leisure. He shares his intellectual journey and argues for a more inclusive approach to economic analysis that acknowledges the value of these often-overlooked contributions.

Part Three: Gratuitous Goods and the State Chapter 11 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 333–364 in the print edition.

This discussion uncovers the emotional reasons behind charitable giving, highlighting the role of love and family in motivating generosity. It contrasts the idealistic versus utilitarian views of friendship, showcasing how genuine relationships influence altruistic behaviors. The podcast also delves into the complexities of gift-giving and how cultural perceptions shape acts of kindness. Additionally, it examines the impact of inheritance on economic inequality, raising questions about fairness and moral implications in wealth distribution.

Part Three: Gratuitous Goods and the State Chapter 10 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 291–332 in the print edition.

Part Three: Gratuitous Goods and the State Chapter 12 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 364–392 in the print edition.

The Introduction to Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook. From pp. 1–28 in the print edition.