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Against the Rules with Michael Lewis
Get Happier, Help Others: Some Good Ideas About Giving
Dec 2, 2024
Laurie Santos, a Yale psychologist and host of The Happiness Lab, and Elie Hassenfeld, co-founder of GiveWell, dive into the transformative power of giving. They reveal that spending on others often brings more happiness than spending on ourselves. Listeners learn about impactful charities that use donations effectively, and how simplifying the act of giving can make it a habit. The conversation also touches on the psychology behind altruism and the ethical considerations in philanthropy, encouraging a thoughtful approach to charitable contributions.
51:09
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Quick takeaways
- Acts of generosity not only benefit recipients but also significantly enhance the givers' happiness, often exceeding their expectations.
- Choosing effective charities based on data-driven insights, like those provided by GiveWell, maximizes the impact of donations on critical issues.
Deep dives
The Impact of Giving
Giving money away can lead to feelings of happiness that often exceed our expectations. Research indicates that when individuals engage in acts of generosity, such as donating to charity or helping others, they experience a significant boost in their overall well-being. Psychological studies have shown that people often underestimate the joy derived from giving, primarily focusing on personal gratification instead. This disconnect highlights the need for a deeper understanding of how acts of kindness not only benefit recipients but also enhance the givers' happiness.
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