Is Charity for the Poor Futile?

In an essay published last month in The Guardian, 15 leading economists – including the Nobel laureates Angus Deaton, James Heckman, and Joseph Stiglitz – criticized what they call “the ‘aid effectiveness’ craze” on the grounds that it leads us to ignore the root causes of global poverty. I advocate assessing the effectiveness of aid and providing resources for interventions shown to be highly cost-effective. To that end, I founded The Life You Can Save, an organization that gathers evidence about which charities give donors the most bang for their buck and encourages people to donate to them. ….[READ]