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#38 - Yew-Kwang Ng on anticipating effective altruism decades ago & how to make a much happier world

80,000 Hours Podcast

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Is the Government Spending Better Than Private Spending?

So he seems like uure in favor of fairly high tax rates because he thinks so much of consumption spending is just positional. But e question is this, government revenue and spen, if it spent on a right area that can promote welfare, then is better than spent privately. If it pend on doing something bad, fighting a war against neighboring countries with no just costs and causing many deaths and sufferings, then it could be worse thana private andi. I think the answer depends crucially on the racing government taxas or revenue itself arentyf competition.

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