volunteer_activism Generosity
Generosity, gratuity, and the economics of giving
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"Man arrives on earth as a beggar, and as a beggar he leaves it. He receives all initial endowments from others. Eventually, he bequeaths to others whatever he may have accumulated over many years. Gifts at the beginning, gifts at the end."
menu_book Abundance, Generosity, and the State
View Full QuoteView Full Quote"The greater the income, the greater the gifts. In a flourishing economy, gifts of time and money tend to grow faster than the rest of the economy."
"Gratuitous goods and markets are not merely complementary but symbiotic. They feed into each other."
menu_book Abundance, Generosity, and the State
View Full Quote"Modern government is a black hole for gratuitous goods. It does not operate gratuitously, but in all its activities is deeply interested in its own survival and flourishing. The main beneficiaries of the state are its own servants, especially its bureaucratic and political leadership, whereas it systematically destroys the true sources of gratuitous goods: families, friendship, private associations, businesses, and the market process."
menu_book Abundance, Generosity, and the State
View Full QuoteView Full Quote"It is a sharing of plunder, not a gift — the state is not the legitimate owner of what it has taken from the taxpayer."
"Love, friendship, and life are gratuitous. The supreme goods of human existence cannot be bought at any price."
menu_book Abundance, Generosity, and the State
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Abundance, Generosity, and the State
An Austrian economics analysis of generosity and giving, arguing that free markets foster genuine charity through wealth creation, while state redi...
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