Recently I got published an op-ed in The Crimson advocating, sort of, for an Earning to Give strategy.
The Crimson is widely read among Harvard students, and its content runs through many circles — not just those who care about student journalism.
I thought the piece was important to write.
I’ve noticed a recurring trend in conversations about careers here at Harvard: people want to do good, but have no idea how. So either — they give up and “sell out” to a comfy lifestyle, or they follow their passions/work at an NGO/etc. without even considering Earning to Give as a legitimate option.
I’m aware that orgs like 80,000 Hours have moved away from their (original) primary focus on Earning to Give as a career strategy.
But I think, based on folks I’ve talked to at Harvard, it’s still one of the most compelling ways to at least get people on board — it doesn’t require sacrifice of a well-paid lifestyle, but more importantly, it doesn’t require sacrifice of a prestigious career (which is what so many here care about).
80,000 hours also has a set of bulletpoints intended to determine whether you’d be a good fit: https://80000hours.org/articles/earning-to-give/
They ask four questions:
- Do you have high earning potential? (Yes. As I note in the article, Harvard students are lucky enough to be recruited by some of the highest-paying firms in the world.)
- Do you want to gain skills and career capital in a higher-earning option? (Yes as well. Harvard kids want to preserve optionality.)
- Are you uncertain about which problems are most pressing? (Resounding yes. I commonly hear things like “I want to do good for the world, I just don’t know how.”)
- Do you want to contribute to an area that is funding-constrained? (This is fuzzier, I think, seeing as the answer to this question would probably have to come after the last one.)
Anyway, I would appreciate if you gave my article a read. Feedback appreciated!
https://www.thecrimson.com/article/2024/3/26/climaco-harvard-sell-out/
Nice punchy writing! I hope this sparks some interesting, good faith discussions with classmates.
I think a powerful thing to bring up re earning to give is how it can strictly dominate some other options. e.g. a 4th or 5th year biglaw associate could very reasonably fund two fully paid public defender positions with something like 25-30% of their salary. A well-paid plastic surgeon could fund lots of critical medical workers in the developing world with less.
One important thing to keep in mind when you have these chats is that there are better options; they're just harder to carve out and evaluate. One toy model I play with is entrepreneurship. Most people inclined towards working for social good have a modesty/meekness about them where they just want to be a line-worker standing shoulder-to-shoulder with people doing the hard work of solving problems. This suggests there might be a dearth of people with this outlook looking to build, scale, and importantly sell novel solutions.
As you point out, there are a lot of rich people out there. Many/most of them just want to get richer, sure, but lots of them have foundations or would fund exciting/clever projects with exciting leaders, even if there wasn't enormous (or any) profitability in it. The problem is a dearth of good prosocial ideas – which Harvard students seem well positioned to spin up: you have four years to just think and learn about the world, right? What projects could exist that need to? Figure it out instead of soldiering away for existing things.
Yes, in general it's good to remember that people are far from 1:1 substitutes for each other for a given job title. I think the "1 into 2" reasoning is a decent intuition pump for how wide the option space becomes when you think laterally though and that lateral thinking of course shouldn't stop at earning to give.
A minor, not fully-endorsed object level point: I think people who do ~one-on-one service work like (most) doctors and lawyers are much less likely to 10x the median than e.g. software engineers. With rare exceptions, their work just isn't... (read more)