In general, we may say that if there is an attitude that identifies certain relations and transactions as illegitimate, it…
Tag: Grants
Tariffs and Grants
Of course, the tariff is a special case within the enormous structure of grants, both implicit and explicit, involved in…
Production and Grants
There is a modern version of Adam Smith’s famous story of the beaver and the deer: if abandoning the production…
Inflation and Grants
The rapid negotiations of non-unionized labor catch up with inflation very easily. The opposite effect occurs in deflation, when organized…
The Structure of Grants
Licenses granted to individuals create a structure of implicit grants in the same way as licenses attached to property, although…
Grants: Similarities and Differences with Charity
The most evident problems that seem to require the concept of the grant as a basic framework are related to…
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…