Mikee Posted January 3, 2010 Report Share Posted January 3, 2010 http://www.portfolio.com/views/columns/200...lth/index1.html Quote Link to comment Share on other sites More sharing options...
bluecherry Posted January 3, 2010 Report Share Posted January 3, 2010 What? Maybe it's because I don't know many of the terms so well on this issue, but the crucial paragraph in that article near the bottom of the first page where they explain their idea sounded ridiculous to me. It sounds like they noticed a correlation without establishing a causation and are now declaring somehow giving money away poofs more money up out of nowhere and into your pocket. If that is not just me misreading the article, then these people clearly don't understand the source of value, that you create value through productivity, not by just throwing money to people because they are in need. Quote Link to comment Share on other sites More sharing options...
aequalsa Posted January 3, 2010 Report Share Posted January 3, 2010 They're just applying Keynesian economics to charity as a force in the economy. So, people give money away rather than save it, and the people they give it to, spend it, which, drives the economy. Typical Keynesian rubbish with an altruistic twist. Quote Link to comment Share on other sites More sharing options...
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