Oh, yeah, that assumes that the marginal person who was hired by the charity (a) existed and (b) their salary was a good proxy for their value created. Those seem pretty shaky, since more people means more ability to raise funds from outside EA and my impression is that people working for nonprofits don’t pay super much attention to salary as a signal.
The argument you give proves far too much; for instance, it suggests that Holden and Elie should go back to finance.
Oh, yeah, that assumes that the marginal person who was hired by the charity (a) existed and (b) their salary was a good proxy for their value created. Those seem pretty shaky, since more people means more ability to raise funds from outside EA and my impression is that people working for nonprofits don’t pay super much attention to salary as a signal.
The argument you give proves far too much; for instance, it suggests that Holden and Elie should go back to finance.