Lunch & Learn
Giving in the economy

Lunch & Learn 47 🔹  Tuesday, April 11, 2023

🇫🇷 French edition

Giving in the economy  

For a long time, economics left  charitable giving out of its field of inquiry. An enigma for neoclassical economists, the giving of money, time or body parts seemed to escape the rational calculation of Homo economicus. When other disciplines such as anthropology, sociology and psychology considered giving to be an important and legitimate topic, economists started to investigate it in the late 1960s only. Since then, a wealth of studies and theories has emerged with the rise of behavioral economics and experimental methods. Contemporary economists such as James Andreoni, John List and Catherine Eckel have provided new insights into charitable giving, including tax policies, motivations and gender differences in giving behavior. At the same time, the size and role of philanthropy in the economy have increased. The flow of private donations to public interest causes and the number of foundations are growing worldwide, despite economic crises. While we know more and more about the economics of giving, many questions remain. The recent publication of Françoise Benhamou and Nathalie Moureau's book Le don dans l'économie is an opportunity to take stock of what economics can teach us on this subject. 


🔹  Françoise Benhamou, Professor of economics, Member of the Circle of Economists. Co-author of the book Le don dans l'économie (ed. Repères/La Découverte, 2022)

🔹  Laurence Lepetit, Executive director of France Générosités.

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