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Highlights: #153 – Elie Hassenfeld on two big picture critiques of GiveWell’s approach, and six lessons from their recent work
Aug 28, 2023
The podcast discusses GiveWell's approach and the potential inclusion of subjective well-being. They explore the concept of saving lives based on quality of life and highlight the need for input from low-income countries. They also discuss organizations improving conditions in the developing world, challenges of aggregating study results, and addressing economic growth policies and political dynamics.
19:04
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Quick takeaways
- Subjective well-being should be considered when evaluating program effectiveness and offers a more comprehensive assessment of impact.
- GiveWell aims to explore a wider range of interventions and engage more seriously with different ideas to expand their impact.
Deep dives
Importance of Subjective Well-being in Evaluating Programs
Subjective well-being is an important consideration in evaluating program effectiveness, alongside other outcomes like increased income or reduced disability. While measuring subjective well-being might be challenging and subjective, it provides an additional angle to understand program impact. In an ideal scenario, GiveWell aims to offer options to donors who prioritize subjective well-being or have different philosophical perspectives. By including subjective well-being measures, it allows for a more comprehensive assessment of program effectiveness.
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