As someone pretty new to this forum and the effective altruism community (not the ideas though) it’s shocking to see how much money the EA community seems to spend on funding projects by it’s members.
$100,000 is significantly more money than most people earn per year, and a ton more than most blogs earn.
Maybe this is a good use of this money. I just wanted to express this in case folks who are used to this type of funding forget how surprising it can be to a newcomer.
In my prior career I worked with a lot of organizations that offered prizes and fellowships to artists, including writers. $100k is on the high side for a prestigious writer's fellowship, but not absurdly so. I see the amount as being well targeted for an experienced part-time writer who has been blogging on top of a day job or other commitments and wants to make the leap to full-time but doesn't feel like they have the runway. It feels harder for me to justify giving an award of that amount to a brand-new blogger; the counterfactual impact would have to be extremely clear.
Hello there, and welcome to the forum! I understand how the number can seem surprising, but here is a little more background from Nick that might have gotten buried below: "Yes, this is a serious amount of money. That said, writing a good blog takes a lot of time, and note that the expected value for any particular blogger will be relatively low. If 100 bloggers apply (which we expect to be a lower bound given the traction), it's $5k for the work of a part-time job over a year. Obviously, Cowen using the same number makes it a bit of a Shelling Point ...
Rule of Law Fund
Values and Reflective Processes and Economic Growth
A strong rule of law helps ensure equity, human rights, property rights, contract enforcement, and due process. Many countries are still developing their legal systems. Between 2010 and 2020 twenty-four different countries ratified a constitution. The legal systems that evolve today will have a lasting impact on future generations.
This fund would offer funding for organizations and individuals engaged in legal scholarship and litigation that align with the Future Fund’s guiding principles, with a specific focus on strengthening the rule of law in countries with less developed legal institutions.
I would be much more impressed by someone who is a regulare contributor to a useful Open source project than someone who built a side project on their own. Working with others, reading other peoples code and having your code go through reviews is something that you wont get working on a personal project.