::  Posts  ::  RSS  ::  ◂◂RSS  ::  Contact

Donate Money, Not Time or Stuff

March 11th, 2011
giving  [html]
If you care about doing as much good as possible with your efforts, you should give money, not time or stuff. When you spend time volunteering for a charity you're almost always doing something at which you are not especially good at [1] instead of something you're better at and more experienced with:

There is this very, very old puzzle/observation in economics about the lawyer who spends an hour volunteering at the soup kitchen, instead of working an extra hour and donating the money to hire someone to work for five hours at the soup kitchen.

There's this thing called "Ricardo's Law of Comparative Advantage". There's this idea called "professional specialization". There's this notion of "economies of scale". There's this concept of "gains from trade". The whole reason why we have money is to realize the tremendous gains possible from each of us doing what we do best.

This is what grownups do. This is what you do when you want something to actually get done. You use money to employ full-time specialists. -- Eliezer Yudkowsky

Similarly, when you give stuff, it's probably not the right stuff or in the right place. There are lots of problems with trying to use donated stuff for aid work, including limited transportation, dumping, storage space, and inconsistency. Claire Durham of the Red Cross describes the problems very well.

To maximize the good you do (as opposed to getting personal fulfillment through volunteering or getting rid of unwanted stuff), give whatever charity organization you're working with what they can do the most good with: money.

[1] This is mostly if you're serving soup or helping build houses. If you're providing professional services that the charity would otherwise have to purchase (a lawyer volunteering to do legal work) then you're cutting out some of the overhead of hiring people.

Comment via: facebook

Recent posts on blogs I like:

I’m Giving a Talk About Construction Costs Tomorrow

By popular demand, I’m giving the talk I gave 2 weeks ago at NYU, again. The database will be revised slightly to include more examples (like Ukraine, which I added between when I gave the talk and when I blogged about it), and I may switch around a few t…

via Pedestrian Observations December 2, 2019

Your room can be as bright as the outdoors

The effect was huge: I became dramatically more productive between 3:30pm and whenever I turned off the light. I estimate the lamp bought me between half an hour and two hours a day, depending on how overcast it was.

via benkuhn.net November 26, 2019

git-subtrac: all your git submodules in one place

Long ago, I wrote git-subtree to work around some of my annoyances with git submodules. I've learned a lot since then, and the development ecosystem has improved a lot (shell scripts are no longer the best way to manipulate git repos? Whoa!). Thus, I …

via apenwarr November 24, 2019

more     (via openring)

More Posts:


  ::  Posts  ::  RSS  ::  ◂◂RSS  ::  Contact