THE ECONOMICS OF NONPROFITS

Authors

  • Enrique Viaña Remis

DOI:

https://doi.org/10.58246/sjeconomics.v10i.452

Keywords:

Non-profit sector, Nonprofits, Philanthropy

Abstract

This paper deals with the nature and rationale of nonprofits. It criticizes the approach of mainstream economics, which envisions nonprofits as a more or less close substitutive for the public sector. It elaborates on a well-known topic of economic literature—the lighthouse—to construe an analogue for non-profits organizations in order to comprehend a whole field of economic activities, that is, activities that are sustained through contributions rather than prices.

Published

2012-12-30

Issue

Section

Article