Difference between revisions of "Private Charity"
From Critiques Of Libertarianism
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The idea that an individual knows better what to do with his own money does NOT work for transfer payments, rich to poor. Indeed, the idea of diminishing marginal returns to an individual from spending money by that individual would argue that a poor person will spend the transferred money better than a rich person. | The idea that an individual knows better what to do with his own money does NOT work for transfer payments, rich to poor. Indeed, the idea of diminishing marginal returns to an individual from spending money by that individual would argue that a poor person will spend the transferred money better than a rich person. | ||
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| + | See also: [[The Beneficence Of Plutocrats]] | ||
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{{List|Private Charity|links=true}} | {{List|Private Charity|links=true}} | ||
{{Quotations|Private Charity|quotes=true}} | {{Quotations|Private Charity|quotes=true}} | ||
