Charity - Deepstash

Charity

Charity

Charity

  • According to one calculation, for the cost of sending a kid through college in America, you could instead save the lives of more than 50 children in sub-Saharan Africa
  • The main recipients of American charity are religious groups and educational institutions
  • When we evaluate charity-related behaviors, gross inefficiencies don't seem to bother us
  • For example, wealthy people often perform unskilled volunteer work, even when their time is worth vastly more on the open market.

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