Saturday’s Big Idea
Today's Big Idea: Rationalism
The following is a sadly familiar scenario:
Disaster strikes. Americans open their wallets and give generously. Fundraising records are broken. Large charity organizations are accused of incompetence or worse. Congress investigates. Another disaster occurs. Repeat all of the above.
Calling the Red Cross's recent efforts following Hurricane Sandy an "absolute disgrace," Staten Island Borough President James Molinaro urged the public to stop donating to the embattled organization.
How should you decide how to make a charitable donation this holiday season? Julie Galef, President of the Center for Applied Rationality, says there are a few simple questions you can ask that will help determine whether your money will most effectively help the cause you care the most about.