Full-length post here. Feel free to comment if you want or not comment if you don’t want.
I didn’t understand your argument about economic growth above. I was hoping you’d give an argument based on empirical data or forecasts rather than a purely theoretical argument (e.g. utils don’t really exist, the percentage chances assigned to spurring economic growth at different funding levels are completely arbitrary, the scenario is overall contrived). So, I wasn’t convinced by that. But I acknowledge there is high uncertainty with regard to future growth, and whether patient philanthropy makes sense in practice partly depends on assumptions about growth.
Thanks, I agree that when to spend remains an important and non-obvious question! I’m glad to see people engaging with it again, and I think a separate post is the place for that. I’ll check it out in the next few days.
Full-length post here. Feel free to comment if you want or not comment if you don’t want.
I didn’t understand your argument about economic growth above. I was hoping you’d give an argument based on empirical data or forecasts rather than a purely theoretical argument (e.g. utils don’t really exist, the percentage chances assigned to spurring economic growth at different funding levels are completely arbitrary, the scenario is overall contrived). So, I wasn’t convinced by that. But I acknowledge there is high uncertainty with regard to future growth, and whether patient philanthropy makes sense in practice partly depends on assumptions about growth.
Thanks, I agree that when to spend remains an important and non-obvious question! I’m glad to see people engaging with it again, and I think a separate post is the place for that. I’ll check it out in the next few days.