Hi Will,
I'm glad to hear that a general response is being collated; if there are things where CEA can improve it would seem like a good idea to do them, and if I'm wrong I would like to know that. Turning to the listed points:
I went into that conversation with a number of questions I sought answers to, and either asked them or saw the data coming up from other questions. I knew your time was valuable and mostly targeted at other people there.
Adam explicitly signed off on my comment to Luke. He saw the draft post, commented on it, recommended it be put here and received the original string of emails in the context of being a friend, and person I knew would have a closer perspective on the day to day running of CEA than myself.
£1700 came from Jacob (Trefethen), in conversation shortly after you were in Cambridge, and purporting to be from internal numbers. I had asked whether CEA has an internal price at which new pledges would be bought, on the basis that one should exist, and it would be important for valuing a full-time Cambridge position.
~4K is 1/3 of the Oxford undergrad population, which was the figure I had heard quoted in the discussion in Cambridge.
GWWC lists 8 people as a sample of past-and-present researchers, a research manager and a research director. I estimated that half of the former set would have moved on, and thus that 6 people were at least engaged in part time research for GWWC.
I am concerned both about utility-maximisation and the ROI. It seems easier to fix efficiency problems whilst institutions are still small, or create alternate more efficient institutions if need be; ideally groups akin to CEA's projects are going to move budgets of O(10^9 / year), and I want to see that used as effectively as possible.
In terms of ROI, I don't put large weight in the estimated returns absent a calculation or substantial trust in the instrumental rationality of the organisation making the claims. To take the canonical example, GiveWell provides some measure of each; CEA's projects need to be at least as credible.
Thanks again for taking the critique in the spirit that was intended.
Best wishes,
Jonathan
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I do not think that they are "making it up"; that phrase to me seems to attach all sorts of deliberate malfeasance that I do not wish to suggest. I think that to an outside observer the estimate is optimistic to the point of being incredible, and reflecting poorly on CEA for that.
These 291 people haven't pledged dollar values. They've pledged percentage incomes. To turn that into a dollar value you need to estimate whole-life incomes. Reverse engineering an estimate of income (assuming that most people pledge 10%, and a linear drop off in pledgers with 50% donating for 40 years), yields mean lifetime earnings of ~£100K. That's about the 98th centile for earnings in the UK.