Doing Good Better: How Effective Altruism Can Help You Make a Difference

Sometimes our charitable actions, though well-intended, have far worse consequences than we imagined. To make the most of our charitable donations, we have to think rationally and critically – not only about whom we give to and how we give, but also how that money will be used.

The same thing applies to charitable donations, where each additional dollar makes less of a difference than the last.

Charitable giving, like most other economic endeavors, is subject to the law of diminishing returns, which states that the more of something you add, the less of a difference each new addition makes