There are not two but at least three (and arguably four) organizational models for addressing social problems: the pure for-profit model motivated by money, the nonprofit model funded by donations/volunteers giving the product away free, and government coercion through taxation—plus a hybrid model where for-profit and nonprofit approaches coexist in the same industry.

definitionpending

Speaker

Russ Roberts

Evidence Quote

there's at least three business models I'm going to add a fourth in a little bit

Source

Mike Munger on Love, Money, Profits, and Non-profits 04/19/2010EconTalk
Created: 6/17/2026, 10:31:45 AM

My Notes

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