Short excerpt of a study of management students and their potential impact created in just one year, if they would donate e.g. just 5% of their expected annual income to the High Impact/effective charities becoming Effective Altruists.
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Effective altruism is a philosophy and social movement that applies evidence and reason to determine the most effective ways to improve the world. Effective altruists aim to consider all causes and actions, and then act in the way that brings about the greatest positive impact.
Travis Hills of Minnesota Leads Livestock Water and Energy in Sustainable Inn...
Effective Altruism: Global Leadership for High Impact
1. Effective Altruism:
Global Leadership for High Impact
EXCERPT: IMPACT OF A MANAGEMENT CLASS OF 62 STUDENTS
By Akilnathan Logeswaran 2015 | CEMS International Management Student | WU Wien | IIM Calcutta
5. Calculating Potential Impact of the CEMS
Class of 2015 (62 Students)
Total Salary
*
5% Donation
Selecting
Weights
Selecting
Organization
Effectiveness
Potential Impact
created by Class
2,643,857.14 * 5%
=
132,192.86 €
33.33%
0.35€ for treatment to
deworm a child
125,885 people
dewormed
33.33%
31.34€ provides a
child with school meal
program for one year
1,405 children
provided school meals
for an entire year
33.33%
44.64€ funds a
cataract surgery for
one person
987 people
cured from blindness
Effectiveness evaluted by GiveWell, The Life You Can Save & Giving What We Can.
6. If we gave just 5%
of our salary to
effective NGOs…
12. Effective Altruism:
Are you an Altruist?
TEST:
Would you push a button that gave you 10 euros
AND inflict a horrible disease on a child?
Would you push the button?
Omission Bias:
What if you already have the 10 euros, would you give them away
in order to prevent a horrible disease in a child?
Currently there are:
2.5 billion people are living in extreme poverty (less than $ 2/day)
1 bilion people that lack access to clean water
800 people go to bed hungry every day
6 milion children die from preventable diseases every year
… all while we live in the richest society that has ever been created.
13. Charity Evaluation:
Top International Evaluating Organizations
(Effective Altruism Supporters)
Give well helps donors decide
where to give
Charities Evaluated: 8 top charities,
>800 International
Members to evaluate: 18 full-time
staff and 8 Conversation Notes
Writers
Impact: $27.8 million moved to
effective charities in 2014
Finance:
http://www.givewell.org/about/FAQ
#HowdoesGiveWellsupportitself
The Life You Can Save
enhances and supports the
Effective Altruism
movement
Charities Evaluated:
List of 15 top charities
Members to evaluate: 10
team members
Impact: $718,790 moved to
effective charities in 2014
Finance:
http://www.thelifeyoucansav
e.org/About-Us/Impact-
Report
Giving What We Can dedicated
to eliminating extreme poverty
Charities Evaluated:
no primary research, list of top 4
Members to evaluate: 10 team
members, volunteer work
Impact: For every $1 spend, up
to $60 donated to effective
charity
Finance:
https://www.givingwhatwecan.or
g/about-us/our-finances
ACE dedicated to find &
advocate for highly effective
opportunities for improving the
lives of animals
Charities Evaluated: top 3,
>150 international
Members to evaluate: 8 team
members, remote volunteers
Impact: $141,000 moved to
most effective charities in 2014
Finance:
http://www.animalcharityevalua
tors.org/about/transparency/bu
dget/
19. Sources (1/3)
TED Talks:
Peter Singer: The why and how of effective altruism (17 min),
https://www.youtube.com/watch?v=Diuv3XZQXyc
Effective Altruism | Beth Barnes (6 min), https://www.youtube.com/watch?v=LtWINl3C_7s
Choosing for effective altruism | Helen Toner (10 min),
https://www.youtube.com/watch?v=zRmkk2PmNcY
Other videos available on YouTube:
Effective Altruism: Impact through Rationality - by Lucius Caviola and Adriano Mannino (58
min), https://youtu.be/O02-06mdkC4
Adriano Mannino: Effective altruism for all sentient beings (91 min),
https://www.youtube.com/watch?v=rFPqBJewI60
Peter Singer: "Doing the Most Good: The Effective Altruism Movement“ (57 min),
https://www.youtube.com/watch?v=JDiR6L9yuKM
20. Sources (2/3)
Books on Effective Altruism:
Carey, R. (2015), The Effective Altruism Handbook
Singer, P. (2015), The Most Good You Can Do: How Effective Altruism is Changing Ideas about Living Ethically
Singer, P. (2010), The Life You Can Save: How to Do Your Part to End World Poverty
MacAskill, W. (2015), Doing Good Better: Effective Altruism and How You Can Make a Difference
Cousera Course by Princeton University: https://www.coursera.org/learn/altruism/
Organizations that evaluate causes and charities:
GiveWell, http://www.givewell.org/
The Life You Can Save, http://www.thelifeyoucansave.org/
Giving What We Can, https://www.givingwhatwecan.org/
Animal Charity Evaluators, http://www.animalcharityevaluators.org/
21. Sources (3/3)
Short articles on effective altruism:
The Drowning Child and the Expanding Circle by Peter Singer
What is Effective Altruism? by William MacAskill
Cheerfully by Julia Wise
Other introductory articles on effective altruism can be found on effective-altruism.org.
Other useful effective altruism websites:
Effective Altruism, a network of individuals committed to effective altruism
80,000 Hours, a non-profit organization dedicated to enabling people to do the most
good with their careers.
Editor's Notes
Euros earned in just one year by 62 students
Euros earned in just one year by 62 students
People dewormed sustainablly.
People dewormed sustainablly.
People dewormed sustainablly.
School meals provided to 1,405 children for an entire year!