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I merely pointed out one plausible statistical strategy for distributing a donation if the idea is to cause an impact and not distribute the funds back to the e
by fsloth 9y ago
I merely pointed out one plausible statistical strategy for distributing a donation if the idea is to cause an impact and not distribute the funds back to the economy more or less randomly - I have no idea what the underlying mechanism is.
"Or what about offering massive scholarships to people attending community colleges who have a helluva GPA but need help for childcare?"
That's proactive. But, then again, we know nothing on this donor.
"Maybe a place that could really use it to help those that need it most?"
And what place would that be? Who would exactly be those that 'need help most'? Where I'm from government tries to handle the material well being of those who've had the shortest end of the stick in life - no idea what charities would provide the best bang for buck in US.
I would not call spending money on science wasteful in any case.