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ImmortalRationalist comments on Stupid Questions May 2015 - Less Wrong Discussion
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Should people give money to beggars on the street? I heard conflicting opinions about this. Some say they just spend it on booze and cigarettes, so it would be more effective to donate that money to hostels for the homeless and similar institutions. Others say it's not a big deal and it makes them happy. What do you think?
The money you would have spent on giving money to a beggar might be better spent on something that will decrease existential risk or contribute to transhumanist goals, such as donating to MIRI or the Methuselah Foundation.