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Charities Aid Foundation's Giving Thought podcast explored the big issues, themes and news stories relating to philanthropy and the work of civil society. 

This podcast is no longer produced.

 

Jan 16, 2018

In episode 17, Rhod will be asking whether philanthropy is rational,and what lessons we should take from our answer to this question. Topics covered include:

 

-The micro/macro philanthropy paradox: Philanthropy is both about individual voluntary acts of generosity and about the large scale redsitribution of private assets for public good. But while the former is largely irrational, the latter needs to be rational. What can policymakers and philanthropists do about this?

 

-Rationalising philanthropy: There have been efforts to rationalise philanthropy in the past, such as the "scientific philanthropy" movement of the Victorian era. There is also a growing focus on the role data can play in helping donors make more informed decisions. Bringing these together, the Effective Altruism proposes a scientific approach to philanthropy based on data- but is it truly objective?

 

-Social Impact prediction markets: could new technologies like blockchain make it easier to measure and record social impact data accurately? And could token incentives be used to create prediction markets for social impact in the future.

 

Related Giving Thought Material

 

LEDGER GOOD DEEDS SHINE: USING BLOCKCHAIN TO MEASURE, RECORD AND PREDICT SOCIAL IMPACT

 

AUTOMATIC FOR THE PEOPLE: WHAT MIGHT A PHILANTHROPY ALGORITHM LOOK LIKE?

 

Public Good By Private Means: Principles of Philanthropy Policymaking Lecture (SLIDES and NOTES)

 

ARE SOME CAUSES BETTER THAN OTHERS? The effective altruism debate