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Get by with a little help from my friends: A recent history of charitable organisations in economic theory

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  • Alasdair Rutherford

Abstract

Over the past 40 years the development of economic theories of charitable organisations has closely followed the literature on altruism. This paper argues that the debate around altruistic behaviour sparked by Richard Titmuss's analysis of the economics of blood donations in 1970 led to a succession of economic theories of charity, moving altruism from the fringes to the core of the theory. While initially based on the collective provision of public goods, they have now embraced the 'warm-glow' literature, but the full implications of behavioural economics for our understanding of charities have yet to be realised.

Suggested Citation

  • Alasdair Rutherford, 2010. "Get by with a little help from my friends: A recent history of charitable organisations in economic theory," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 17(4), pages 1031-1046.
    • Handle: RePEc:taf:eujhet:v:17:y:2010:i:4:p:1031-1046
    DOI: 10.1080/09672560903434489
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    Cited by:

    1. Rutherford, Alasdair, 2010. "On the Up: Voluntary Sector Wages in the UK 1998 - 2007," Stirling Economics Discussion Papers 2010-06, University of Stirling, Division of Economics.
    2. Vladimir Hyanek & Marie Hladka, 2012. "Philanthropy in a Changing World: An Evolving Attitude to Giving?," MUNI ECON Working Papers 01, Masaryk University, revised Mar 2013.
    3. Vladimír Hyánek & Marie Hladká, 2013. "Philanthropic behaviour and motives," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(4), pages 923-933.

    More about this item

    Keywords

    Charity; non-profit; warm glow;
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