10% Happier with Dan Harris A New Way to Think About Your Money | William MacAskill
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Aug 22, 2022 
In a thought-provoking discussion, William MacAskill, an associate professor at Oxford and co-founder of the effective altruism movement, redefines our approach to money. He emphasizes the potential impact of donating a portion of our income, arguing it could save lives. MacAskill shares practical tips for adopting longtermism, focusing on the welfare of future generations. He also discusses the psychological benefits of giving and the importance of understanding local needs in charitable initiatives. His insights offer a new perspective on combining personal fulfillment with altruistic responsibilities.
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Effective Altruism Definition
- Consider all the world's problems and determine the most impactful actions.
- Use your money (e.g., 10% of income) and time (e.g., career change) to maximize positive impact.
Rationale for Giving
- Donating to effective charities can significantly improve global well-being.
- Personal well-being isn't drastically reduced by donating, and it may even improve.
Drowning Child Analogy
- Peter Singer's drowning child analogy illustrates the moral obligation to save lives, even at a personal cost.
- Distance shouldn't diminish our moral duty to help those in need.
