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- W3125072657 abstract "OF the many aspects of philanthropy that attract the economist's attention, I shall point to three. One relates to the place of philanthropy in economic life; the second, to the remarkable acceleration that our generation has seen in the use of government and market to meet or obviate philanthropic-type needs; the third, to the causes that have kept private philanthropic giving rising with the nation's income, despite this development. Let me mention immediately that I feel better able to raise questions than to answer them. The subject is complex. To take a broad view of philanthropy-and this is my objective-means to look at the entire social organization, to consider its moral as well as its economic roots, and to ask how society has responded to the stresses of technological and other change. But perhaps the best way to stir up questions is to be positive. I shall try. Philanthropy, according to the dictionary, means love towards mankind; practical benevolence towards man in general; the disposition to promote the well-being of one's fellow-men. If this is what we mean by philanthropy, then philanthropy is spread far wider through economic life than most people will see at first sight. There is a touch of philanthropy in many of our actions. Of course, there is more philanthropy in the motivation of some of the things we do, and lesseven none-in others. But philanthropy is more universal than is generally supposed. We tend to underestimate its role. For this, one reason is inadequacy of statistics. When we ask how important philanthropy is in economic life, we stumble over poor information." @default.
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- W3125072657 date "1962-01-01" @default.
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- W3125072657 title "One Economist's View of Philanthropy" @default.
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