Episode 44: Americans' Generosity Can Help the Poor Better Than Government
Christmas is right around the corner, and people everywhere are in the holiday spirit. In addition to giving gifts to loved ones, Americans are also giving to their preferred charities. Indeed, about a third of all charitable donations occur during the month of December. And Americans are, in general, incredibly generous. Recent estimates have the total dollar amount of charitable giving, both cash and labor, at about $600 billion. That's more than almost all other countries take in via taxation. Most of this money comes from those "selfish" rich people you read so much about, and all but…
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