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paulg's profile
Paul Graham
Paul Graham
Paul Graham
Verified account
@paulg

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Paul GrahamVerified account

@paulg

paulgraham.com
Joined August 2010

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    1. Avi Schiffmann‏ @AviSchiffmann 15 Oct 2020

      If I ever become super rich, I want to do things like paying for people to switch to solar energy, etc. I think there’s a lot I could do as an individual that governments won’t do/too slow to do that isn’t just donating to charities where half the money goes to “admin costs”

      60 replies 36 retweets 663 likes
    2. Robert Wiblin‏ @robertwiblin 15 Oct 2020
      Replying to @AviSchiffmann @tylercowen

      The people who spend the most time researching charity cost-effectiveness mostly believe that thinking about admin costs is a distraction from the real and important issues. Charities are as likely to spend too little on admin as too much. 1/

      1 reply 4 retweets 38 likes
    3. Robert Wiblin‏ @robertwiblin 15 Oct 2020
      Replying to @robertwiblin @AviSchiffmann @tylercowen

      Eliminating all admin costs — were that even possible — might get you a 2x increase in cost-effectiveness (CE). But choosing the right problem to work on & the right intervention to solve it could increase CE 10–1000x. A website about the Overhead Myth: http://overheadmyth.com 

      1 reply 1 retweet 30 likes
    4. Paul Graham‏Verified account @paulg 15 Oct 2020
      Replying to @robertwiblin @AviSchiffmann @tylercowen

      Yes, this is true. The best way to make it clear to people is by analogy to startups. Do you care more about how much a company pays in salaries, or what it's building?

      2 replies 0 retweets 24 likes
      Paul Graham‏Verified account @paulg 15 Oct 2020
      Replying to @paulg @robertwiblin and

      I think the reason people mistakenly focus on overhead is that they mistakenly consider nonprofits to be mere conduits for money. They don't realize that nonprofits can actually do things.

      7:00 AM - 15 Oct 2020
      • 16 Likes
      • Nikhil Shamapant Michael Hay Boyan Slat Peter Hage NothingBetter Basil Halperin Parth Ahya Kaꜩleen 🚂 Avi Schiffmann
      1 reply 0 retweets 16 likes
        1. Robert Wiblin‏ @robertwiblin 15 Oct 2020
          Replying to @paulg @AviSchiffmann @tylercowen

          Even for a money conduit like @GiveDirectly, I'd be OK with them raising overhead from 10% to 50% of they could, say, target the money much better on the people who get the most value from it. 😁

          0 replies 0 retweets 3 likes
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