--- [EMAIL PROTECTED] wrote: > ... it suggests that private donations to a foreign country are > a net loss to the U.S. economy. True?
Not true. The bottom line in economics is utility, and the donors get more utility from their donations than alternative expenditures, so they are better off. Instead of importing goods, they import the satisfaction of helping those they symapthize with; in effect, they are buying a service. Fred Foldvary ===== [EMAIL PROTECTED]
