Just as the theory of labor supply is a special case of the theory of exchange, the motivation to make…
Category: Social en
The Supply of Land or Material Capital, Such as the Supply of Housing
The nature of these grants is crucial in determining whether there will be deterioration or maintenance in a given field,…
The Macro Theory of Grants
Perhaps the greatest contribution of the exchange economy to the study of society has been the development of economic theory…
Inheritance, a Social Phenomenon Closely Related to the Grants Economy
Inheritance is essentially a grant from the dead to the living. Making a will has some of the characteristics of…
The Grants Economy and Its Social Dimension
One especially interesting aspect of society, whose size is closely related to the grants economy in general, is crime. If…
The Autonomy and Independence of Grants in the Economy
There are other considerations that underline the autonomy and independence of the grants sector within the economy, and therefore the…
Public Expenditure and Public Grants
When we come to the function of public expenditure, it is evident that it depends overwhelmingly on the structure of…
Donations and Reciprocity
This may closely resemble exchange, since it generally involves a two-way transfer between two parties, sometimes separated by an interval…
Private Donations
Foundations differ from companies in that, as long as they remain within what is generally a fairly broad legal framework,…
Adjustments in the Economy and Social Organization
What is adjusted is what is adjustable. A priori, it cannot be said which elements of the system are adjustable;…