Why philanthropy matters argues that philanthropy is the institutional element that enables the creation of great wealth and the recycling of that wealth across generations with timely and well grounded arguments this breakthrough book offers a new vision of philanthropys place in american economic thought. The basic premise of zoltan acs new book why philanthropy matters how the wealthy give and what it means for our economic well being is that many people including some very wealthy people need to understand that philanthropy is both a moral and economic good. In why philanthropy matters how the wealthy give and what it will mean for our economic well being zoltan j acs argues that philanthropy will be the salvation of capitalism acs a professor of economics at george mason university argues that as bill gates warren buffett sam walton eli broad and many other new philanthropists put their . Why philanthropy matters how the wealthy give and what it means for our economic well being zoltn j cs philanthropy has long been a distinctive feature of american culture but its crucial role in the economic well being of the nation and the world has remained largely unexplored. Why philanthropy matters how the wealthy give and what it means for our economic well being in this book princeton university press additional information why philanthropy matters takes an in depth look at philanthropy as an underappreciated force in capitalism measures its critical influence on the free market system and
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