NancyLebovitz comments on Earning to Give vs. Altruistic Career Choice Revisited - Less Wrong

34 Post author: JonahSinick 02 June 2013 02:55AM

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Comment author: NancyLebovitz 31 May 2013 11:17:14AM 6 points [-]

I recommend an adjustment for the possibility of causing harm while maximizing income. There are people in finance who did more damage than they could make up with charity.

Comment author: JonahSinick 01 June 2013 04:22:20PM 3 points [-]

Somebody made the same remark on Facebook and I wrote:

As I've written elsewhere, the cost-effectiveness figures in the Washington Post article are wildly inaccurate, but if nothing else, one can give to GiveDirectly http://en.wikipedia.org/wiki/GiveDirectly. If someone in finance makes $500k/yr and donates $300k/yr to GiveDirectly, they're giving 270 African families about a years' worth of their income, every year. The harm that the finance work does would have to be really big to outweigh that.

There are people who did more damage than they could make up with charity (doing harm way out of proportion with their earnings), but I think that they're rare.