A Little, and a Long Way

OK—this is profoundly embarrassing. I am sitting in a café, which is where I spend a lot of my time. There are two reasons for the hours I spend here: the first is a need for people, since writing can be a solitary profession; the second is that I’m too lazy to make my own food.

I am therefore wasting huge sums of money, something that nobody but the shop owner could condone. And the worst thing? Though I am barely making enough money to keep afloat—as is Mr. Fernández—we are in the richest 4.0% of the world.

I know this because I went to a site called givingwhatwecan.org and entered a (probably too high) estimate of our combined incomes after taxes. And there, right on the page, was the button for “how rich am I?”

The sum I entered was 50,000 USD. OK, what happens when I put in 100,000 USD? “You are in the richest 0.15% of the world’s population,” was the answer. And 1,000,000 USD? Less that 0.1%.

The site is absolutely fascinating, as was the talk by the philosopher Peter Singer, which you can see below. I live perfectly well on $30,000 a year; I am 56; I am willing to donate 10% of my income; I will “retire” at age 65. OK, so I went to another page to see what effect I could have. And guess what? In the 9 years of giving, I would have saved 11 lives, I would have saved 491 years of healthy life, and I would have produced 9,000 years of school attendance.

But wait—suppose I retired at age 85? How would the world fare?

Total you would earn: 870,000 

Total you would donate: 87,000

Lives you could save: 35

Years of healthy life you could save: 1,582

Years of school attendance you'd produce: 29,000

That’s the graphic that popped up at me.

How is it possible? Singer has the explanation:

However, it is also possible to make extremely effective donations towards the world's poorest people. Because they have so little money, every dollar you give can make a tremendous difference — especially if spent on the world's most efficient aid programs. Read on to see just how much you could achieve and how little it would really cost you. 

 OK—so now you know what you’re worth, relative to the world population; as well, you know the effect of contributing whatever percent of your income you’ve chosen; now, where should your money go?

And it’s an important question, because the right charity can be a hundred times more effective than another, less effective one. So which charity gives you the biggest bang for the buck?

Here again, Singer sails through with the answer. He recommends four charities that are the most effective. Here are the four.

Against Malaria Foundation. Why? More than a million people die each year of malaria, 70% of them are kids under 5. A 3$ net can prevent the disease—and 100% of your money goes to the nets. Best of all, you can see where your nets are distributed.  Here’s the website: http://www.againstmalaria.com

Schistosomiasis Control Initiative. The initiative aims to control and then eliminate the parasitical disease schistosomiasis, which afflicts more than 400 million people in sub-Saharan Africa. Untreated, schistosomiasis leads to kidney, liver, and spleen damage; 76 cents will provide a dose of the drug needed to treat and cure. Here’s the website. http://www3.imperial.ac.uk/schisto

Deworm The World. 600 million kids around the world need to be dewormed; less than fifty cents is all it takes to treat one kid. This organization has treated 40 million children in 27 countries. Best, treating kids leads to significantly improved school attendance—a nice added benefit. Here’s the website.   http://www.dewormtheworld.org

Project Healthy Children. The project aims to confront malnutrition by food fortification, essentially supplying the vitamins that you and I take for granted. But a child goes blind every minute—80% of them because of vitamin deficiency. Zinc deficiency kills 800,000 children a year; Vitamin A deficiency kills 2.5 million children under age 5 every year. Here’s the website.  http://projecthealthychildren.org  

Singer came up with the idea of asking people to pledge 10% of their income until the day they retire. Here’s the pledge:

The Pledge to Give

I recognize that I can use part of my income to do a significant amount of good in the developing world. Since I can live well enough on a smaller income, I pledge that from today until the day I retire, I shall give at least ten percent of what I earn to whichever organizations can most effectively use it to help people in developing countries. I make this pledge freely, openly, and without regret.

As well, he came up with the idea of forming chapters of people who are working together to practice effective charity. So far, there are 10 chapters, 317 members, and $126,300,000 pledged.

OK—this is what I’m gonna do. Every day, I’m going to put my change into a piggy bank, which I will empty when full. I’ll take it to the bank, and get it changed; then, I’ll send a quarter of that amount to each one of the four charities.

Second strategy, I’ll play Bach suites once a week in the café where I am spending so profligately my money. I’ll put up a little sign announcing the charity of the week, and ask for donations.

Singer makes two further points—the materialist rat race of working to make money to spend money on stuff that doesn’t make us feel better but does mean we have to go back to work the next day is ridiculous. But oddly, giving money to a worthy cause does make us feel better. So shouldn’t we change trains?

Second, in terms of human impact, the money you donate may be the most important thing—by far—you’ll ever do in your life.