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Jeffrey Tucker, a guest blogger writing for the Mises Economics Blog in the CS Monitor, wonders whether we are we beginning to see the emergence of a new culture of giving, made possible by the emerging technologies of micro-payments that makes it ever easier to give small amounts or micro-donations.
He observes that giving in this way doesn’t make rational sense according to neoclassical economists, but is hoping that emerging technologies of micropayments will help foster a new culture of donations that could become an important part of economic life for everyone.
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