yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Treat donating like shopping — Peter Singer on altruism. #shorts


less than 1m read
·Nov 3, 2024

If you are going to donate, make sure it does the most good that it can. We all have this attitude to everyday purchases. If you need a new phone and if you came home and showed your phone to a friend, and your friend said, "How much did you pay for that?" and you tell them, they said, "What? I could have got that for you for half the price!"

You'd feel pretty stupid. But strangely, that attitude doesn't apply to charities. So, if you go and give your money to a charity, let's say it's a charity that's raising guide dogs for blind people, and you don't do research before you do that, you don't ask, "Is there some other way I could help blind people that would help more people for less money?"

If you did ask that, you would find that giving money for guide dogs is not the best value for your money. Because it costs a lot of money to raise a guide dog; it costs about forty thousand dollars in the US. It's a good thing to do, but you can restore sight in someone who has cataracts, and you can prevent people from going blind from trachoma, which is a preventable cause of blindness.

If you want to do good, do some research, find the most effective charities, and give to them.

More Articles

View All
Marginal and conditional distributions | Analyzing categorical data | AP Statistics | Khan Academy
Let’s say that we are trying to understand a relationship in a classroom of 200 students between the amount of time studied and the percent correct. So, what we could do is we could set up some buckets of time studied and some buckets of percent correct. …
15 Smart Money Moves for For Every Stage Of Life
When you’re young, you have time, you have health, but you have no money. When you’re middle-aged, you have money and you have health, but you have no time. When you’re old, you have money, you have time, but you have no health. By the time people realize…
Do Chairs Exist?
Hey Vsauce! Michael here. And here. Michael here! Hey, Vsauce! What is here?…. What is there? What is there? What REALLY exists? Do waves exist, or are there just things that are wavy? When does a piece of food I’ve eaten stop being food and become me? Do…
Charlie Munger: How Our Simple Method Effortlessly Beats The Market
If you’re a young investor and you can sort of stand back and value stocks as businesses and invest when things are very cheap no matter what anybody is saying on television or what you’re reading, and perhaps if you wish sell when people get terribly ent…
How I saved over $300,000 in 2017 - How to Save Money 101 (Five Steps)
What’s up, you guys? It’s Graham here. So, you know, it’s better than making and spending a ton of money; it’s saving and investing a ton of money. And no, I’m not talking about anything crazy like extreme couponing or dumpster diving. We’re going to Cos…
The Real Reason I Left California
What’s up, guys? It’s Graham here. So, as some of you know, after spending my entire life in California, one year ago, I decided to leave. It was a difficult decision, but ultimately we felt like the increased cost of living, decreasing quality of life, t…