Millennials’ money moves

Published May 17, 2019 4:00am ET



Young people get a bad rap for being addicted to their phones and their Instagram likes. But they’re surprisingly philanthropic, and an ancient philosopher might be able to explain why.

In his Nicomachean Ethics, Aristotle wrote, “To give away money is an easy matter and in any man’s power. But to decide to whom to give it, and how large, and when, and for what purpose and how, is neither in every man’s power nor an easy matter.”

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