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A collection of 3 posts
Do donations achieve lasting social impact?
charity

Do donations achieve lasting social impact?

Meet Joe, he has recently become an ethical shopper and active donor to a local charity after being moved by the plight of those less fortunate than him. He chooses to shop with companies such as Toms and Thankyou Group, who link Joe’s purchases to specific aid projects like
May 21, 2014 3 min read
Are economists born or made?
charity

Are economists born or made?

As we enter a new university year, it is worth considering a simple question. Who studies economics? Needless to say, (academic) economists have studied this important question. But the answers don’t look very good—for the economists. Experiments in Canada and the US involving university students show that economics
Feb 27, 2014 4 min read
The economics of charity: should beggars be choosers?
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The economics of charity: should beggars be choosers?

In microeconomic theory, consumers and producers make up two halves of a productive economy. In such a model, even traditionally marginalised groups can be categorised as consumers or producers, or both. Specifically, the homeless, who typically have very limited economic productivity and hence income flow, should be thought of as
Mar 24, 2013 4 min read
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