We have reached what is perhaps the most difficult and controversial aspect of the grants economy: the problem of the…
Tag: Donations
THE ECONOMY OF IMPLICIT GRANTS
One of the most difficult and interesting questions in the theory of the grants economy is the treatment of implicit…
An Economy Without Grants
In an economy without grants, income can only be received through exchange, that is, through the sale of some asset,…
National Product and Its Relationship to Grants
The most fundamental concept is that of gross national product, or GNP, which is made up of all the goods…
The Problems of Evaluating Grants
The most important and difficult problem is how to evaluate both grants and exchange, in all their complex and branching…
Grants and Their Political Importance
The artificial nature of grants has political importance because it means that political conflict rests to a large extent on…
Grants Adapt Easily to Multipartite Relationships
Grants adapt easily to multipartite relationships. In fact, they are the main creator of large-scale organizations. A hierarchy, for example,…
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…
Donations and Reciprocity
This may closely resemble exchange, since it generally involves a two-way transfer between two parties, sometimes separated by an interval…
Wichí Culture Reaches Distant Corners of the World Through the Niwok Foundation
Under the banner of “fair trade,” nearly 500 Wichí craftswomen are bringing their creations to the farthest corners of the…