Tag: gift

The economic significance of the gift, from interest to altruism

20 decembrie 2019 | Articol de: Constantin Măgdălina, Emerging Trends and Technologies Expert
The economic significance of the gift, from interest to altruism

One does not give without expecting that one will receive something back in exchange. The unspoken truth of most individuals or companies is that giving creates an obligation. The secret invisible hand of exchange economies sets in motion capitals of relationship, goods, and services. Giving and receiving does not only mean the transfer of ownership […]

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Santa Claus in economy

22 decembrie 2017 | Articol de: Constantin Măgdălina, Expert, Emerging Trends & Technologies
Santa Claus in economy

Consecrated as a jolly old man who brings gifts to the little ones, Santa Claus is an inspiring symbol. It is a relationship capital that we invest in others by simply giving gifts. An economy of circumstance is born that has its own rules. We give and receive on the basis of a reciprocal behavior […]

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