“The challenge for us is this: How can we ensure that, when we try to help others, we do so as effectively as possible?”
Most of us want to do good.
We devote our precious time to causes we deem worthy. We donate our precious funds to charities that appear to make a difference. We pursue careers we consider meaningful, and patronize businesses and buy products we believe make the world a better place.
Unfortunately, we often base these decisions on assumptions and emotions rather than facts. As a result, even our best intentions often lead to ineffective—and sometimes downright harmful—outcomes.
So how can we do better?
In an effort to determine a career personally optimized for maximum positive impact, Professor William MacAskill began to ask himself this very question. While a young researcher at Oxford, he discovered that much of the potential for change was being squandered by lack of information, bad data, and our own prejudice. As an antidote, he and his colleagues developed a modality of thought that would later birth the movement known today as effective altruism: a practical, data-driven approach to “doing good” that proffers the best options to make a tremendous positive difference.
In other words, “doing good” (or a well-intentioned act aimed at doing good) is not enough.
We must do good better.
William is a 28-year old Scottish born scholar and author who is associate professor of Philosophy at Lincoln College Oxford. Previous to this chair, William was a research fellow in philosophy from Emanuel College at Cambridge and a Fullbright scholar at Princeton.
If all of this still fails to impress, while still in his twenties (because after all he is still in his twenties), William co-founded 2 successful non-profits, which combined have raised over $400 million in lifetime pledged donations to charity and helped to spark the effective altruism movement:
- 80000hours.org is an extremely cool and impressive ethical careers advisory service – sort of like an altruistic AI online career counselor — which provides research and advice on how you can best make a difference through your professional life.
- Giving What We Can encourages people to commit to give at least 10% of their income to the most effective charities.
Walking his talk, William has officially pledged to donate any and all earned income in excess of $35K USD to such effective charities. This makes for a very interesting line of questioning during today’s conversation.
William shares his ideas — some of which are controversial and at times iconoclastic — as a contributor to The Atlantic and in several prominent international publications (see below show notes) and he and his organizations have been featured in The New York Times, the Wall Street Journal, NPR, and TED, among other media outlets.
Although William lives in Oxford, I was able to sit down with him in Silicon Valley a few weeks ago as his noon-profit 80000hours.org was one of the very first non-profits ever invited to participate in the highly prestigious accelerator program hosted by prominent seed venture fund Y Combinator. For context, this is the fund and program that launched companies like Dropbox, AirBnB, and Reddit among many others.
William recently released his first book, Doing Good Better: How Effective Altruism Can Help you Make a Difference. I couldn’t put it down. It forever changed how I look at giving. And it has breathed new life into how I contemplate the most effective way I can make a positive difference in the world I will someday leave behind.
This is a pretty intense and at times heady conversation that covers a lot of ground, including:
- the definition of effective altruism
- altruism v. materialism in the happiness equation
- removing emotion from philanthropy
- how global wealth disparity enhances your impact
- philosophy of conscious capitalism
- how to properly evaluate a charity
- reasons to choose a career path
- the psychological motives behind charitable giving
- why ‘fair trade’ isn’t always fair
- why the sweatshop issue is more complex than you think; and
- what was wrong with the ‘Ice Bucket Challenge’?
William is an exceedingly bright and incredibly impressive young man. It was an honor and a pleasure to probe his philosophical mind. A conversation that left me wondering just what the world would look like if everyone heeded William’s call and committed to an effective altruistic path.
How can you do good better? I’d love to hear about it in the comments section below.
I sincerely hope you enjoy the exchange.
Peace + Plants,
Thanks to this week’s sponsors:
Bonobos.com: For a limited time, all new customers can get 20% off their first order when you go to Bonobos.com/richroll to discover the difference that an expertly-crafted, better-fitting wardrobe can make.
The National Academy of Sports Medicine: Get paid to stay in shape while helping others reach their fitness goals. Go to MyUSATrainer.com for a free 14-day trial of their fast & fun online program.
The mission of the Center For Effective Altruism is to foster projects, which use evidence and analysis to help others as much as possible. Check them out at centreforeffectivealtruism.org.
Check out Will’s two organizations: 80,000 Hours, a non-profit that provides research and advice on how you can best make a difference through your career, and Giving What We Can, which encourages people to commit to give at least 10% of their income to the most effective charities.
Background, Context & Reference:
- Book: Doing Good Better: How Effective Altruism Can Help You Make a Difference* by William MacAskill
- NYTimes: Effective Altruism: Where Charity and Rationality Meet
- WashPost: Working For A Hedge Fund Could Be The Most Charitable Thing You Do
- TheAtlantic: The Greatest Good
- Guardian: Doing Good Better – If You Read This Book You’ll Change The Charities You Donate To
- TEDxCambridge: Want To Make a Difference? Don’t Work for a Charity
- Reddit AMA: William MacAskill
- AMA Highlights: William MacAskill
- ScaryMommy: Should You Give Away 60 Percent?
- LinkedIn: Reid Hoffman Review of Doing Good Better
- Quartz: This Week, Let’s Dump a Few Ice Buckets to Wipe Out Malaria Too by William MacAskill
- GiveWell: nonprofit dedicated to help donors decide where to best give
- Good Ventures: foundation aimed to help humanity thrive
- Y Combinator: a new model for funding early stage startups
Notable People Discussed in today’s podcast:
- Ryan Holiday: American author
- Toby Ord: Australian philosopher
- Gary Francione: Philosopher
- Peter Singer: Philosopher
Related Podcasts You Might Enjoy:
- RRP 148 – Daniel Pinchbeck On Evolving Consciousness
- RRP 168 – Ryan Holiday On Why The Obstacle Is The Way
Production, music & sound design by Tyler Piatt. Additional production by Chris Swan. Graphic art by Shawn Patterson.
*Disclosure: Books and films denoted with an asterisk are hyperlinked to our Amazon affiliate code. Any purchase will not cost you a cent extra but will support the show by shaking loose a little Amazon affiliate change in our direction.
The Plantpower Way is now available at these fine retailers!
Are you a company interested in sponsoring the podcast? Click here to learn more & take our sponsor survey.
HOW CAN I SUPPORT THE PODCAST?
Tell Your Friends & Share Online!
Bookmark & Use the Amazon Banner Ad: Click through to Amazon via our Amazon banner ad (below and on the main podcast page) for all your Amazon purchases. Won’t cost you a penny extra on any purchases but will throw some loose commission change from the Amazon coffers our way, which help cover show expenses. Wanna make it even easier to support? Just bookmark the Amazon banner affiliate url link to your browser toolbar – then every time you click to go to Amazon you can feel great for supporting what we are doing – no brainer!
Download Our Free App! Now you can access, stream, download and share the entire RRP catalog in the palm of your hand on any iOS mobile device (iPhone, iPad and iPod Touch) with our new mobile app. Never miss an episode, plus special announcements, discounts, giveaways. Already downloaded? Awesome. When you have a minute, and it feels right to you, do us a solid and give the app a review in the iTunes Store.