Is an Independent Non-Profit Sector Prone to Failure?

Originally published in Conversations on Philanthropy

This monograph outlines a critical assessment of the coherence of Salamon’s paradigm from a largely Austrian economic perspective examines the potential for Lohmann’s suggested revisions, and begins to explore how Austrian economic theory can advance our understanding of the social role of nonprofit voluntary organizations.

This monograph outlines a critical assessment of the coherence of Salamon’s paradigm from a largely Austrian economic perspective (that is, one in the tradition of Ludwig von Mises and F.A. Hayek), examines the potential for Lohmann’s suggested revisions, and begins to explore how Austrian economic theory can advance our understanding of the social role of nonprofit voluntary organizations.

Read the monograph at Conversations on Philanthropy.

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