EconTalk: Conversations for the Curious is an award-winning weekly podcast hosted by Russ Roberts of Shalem College in Jerusalem and Stanford's Hoover Institution. The eclectic guest list includes authors, doctors, psychologists, historians, philosophers, economists, and more. Learn how the health care system really works, the serenity that comes from humility, the challenge of interpreting data, how potato chips are made, what it's like to run an upscale Manhattan restaurant, what caused the 2008 financial crisis, the nature of consciousness, and more. EconTalk has been taking the Monday out of Mondays since 2006. All 900+ episodes are available in the archive. Go to EconTalk.org for transcripts, related resources, and comments.
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episode 913: Elie Hassenfeld on GiveWell
When then-hedge fund manager Elie Hassenfeld began his philanthropic journey in 2006, he knew that he wanted to get the most charitable bang for his buck. He quickly realized, however, that detailed data on charitable impact simply didn't exist. So he and Holden Karnovsky founded GiveWell, an organization inspired by effective altruism that identifies the charities that save or improve lives the most for every dollar given. Listen as Hassenfeld, GiveWell's CEO, explains to EconTalk's Russ Roberts how GiveWell determines the small number of charities they recommend to achieve optimal impact. They also discuss the dangers of an over-reliance on data and the case for bucketing our philanthropy to allow for local or personal giving.