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I can't understand the effective altruist movement in a world of Modern Monetary Theory. When money means nothing and central banks can print infinite money, th
by vasco 4y ago
I can't understand the effective altruist movement in a world of Modern Monetary Theory. When money means nothing and central banks can print infinite money, the only reasonable way to effect change is by donating directly to an extended hand on the street or actually physically helping, imo, but I'm open to changing my mind.
- ggreer 4y agoGiveWell explains their reasoning here[1]. For each of their top charities, they give a measure of cost-effectiveness and explain why they believe the charity has such a high impact.[2] For a decade, one of GiveWell's top charities was GiveDirectly[3], which simply gives your money to poor people in developing countries. In August, GiveWell changed their evaluation criteria to prioritize charities with funding gaps.[4] This bumped GiveDirectly out of their top charities, along with some deworming programs. GiveWell still thinks these charities are extremely effective, just not as much as their new list of top charities. 1. https://www.givewell.org/giving101 https://www.givewell.org/giving101 2. https://www.givewell.org/impact-estimates#Impact_metrics_for_grants_to_GiveWells_top_charities_in_2021 https://www.givewell.org/impact-estimates#Impact_metrics_for... 3. https://www.givewell.org/charities/give-directly/November-2020-version https://www.givewell.org/charities/give-directly/November-20... 4. https://blog.givewell.org/2022/08/17/changes-to-top-charity-criteria/ https://blog.givewell.org/2022/08/17/changes-to-top-charity-...