Vol. 1 No. 3 (2015): Journal of Leadership and Management
Articles

When the Going Gets Tough, Who Cuts Charity?

Peter Lorenzi
Department of Management and International Business, Sellinger School of Business, Loyola University Maryland, USA
Published May 29, 2015
How to Cite
Lorenzi, P. (2015). When the Going Gets Tough, Who Cuts Charity?. Journal of Leadership and Management, 1(3). Retrieved from http://leadership.net.pl/JLM/article/view/50

Abstract

At a time when the pope and the president name income inequality as the defining issue of our time, the demands for “spreading the wealth” has become and personal, political and public policy strategy. Under spread the wealth policies, mandatory transfers used to redistribute wealth have been argued to crowd out voluntary wealth transfers. This research examines the effects of reduced household budgets on charitable decisions by men, women, the young and the old. When the going gets tough, who cuts charity?

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