I recently received a copy of Richard Posner's Economic Analysis of Law for my birthday. "Gifts" are actually in the index, (pg. 523) although it deals with whether or not gifts should be considered income for tax purposes. Posner comes to the conclusion that if gifts are truly altruistic, they will not substitute away from market employment, and therefore should not count as taxable income.
Thanks to Rob for getting me the most efficient present I've ever received.
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