In the second chapter we focus on the issue of global poverty, an especially concrete and well-studied problem.  You'll read about some of the most promising strategies to address this problem: scalable health interventions as well as policy work (but work to address this set of problems is very varied: you can read about some very different approaches in more to explore).

We also try to give you tools to quantify and evaluate how much good an intervention can achieve; introduce expected value reasoning; and investigate differences in expected cost-effectiveness between interventions. 

Key concepts from this chapter include:

  • Differences in impact: It appears that some of our options to help do many times more good than others. People generally don’t appreciate this, and so miss out on significant opportunities to help.
  • Fermi estimates: When you’re trying to make a decision, it can be useful to make a rough calculation for which option is best. Even if there’s a lot of uncertainty, this can give you a rough answer, and can tell you which things are most important to estimate next.



This work is licensed under a Creative Commons Attribution 4.0 International License.

Sorted by Click to highlight new comments since: Today at 3:41 PM

The importance of charities cannot be overemphasized,as this also needs to be channeled on basis were priority,so that , maximum impact and value could be attained,as against engaging on options,which might not aid the attainment of a higher level of utility

[comment deleted]1y1