An important factor to consider is thinking about where the marginal dollar should go. While markets have been good historically at improving welfare (putting aside animal welfare, which I don’t think we should put aside...), they have also received tons more money relative to money going to effective charit…
An important factor to consider is thinking about where the marginal dollar should go. While markets have been good historically at improving welfare (putting aside animal welfare, which I don’t think we should put aside...), they have also received tons more money relative to money going to effective charities. While the average dollar going to markets seems to do some good, it is tough to think about how much this does relative to the marginal dollar to, for instance, AMF or some animal charity.
A bit late to the party but...
An important factor to consider is thinking about where the marginal dollar should go. While markets have been good historically at improving welfare (putting aside animal welfare, which I don’t think we should put aside...), they have also received tons more money relative to money going to effective charities. While the average dollar going to markets seems to do some good, it is tough to think about how much this does relative to the marginal dollar to, for instance, AMF or some animal charity.