Effective altruism: a guide to charitable giving

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  The Economist Hello, this is Rosie Bloor,

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  co-host of The Intelligence, our daily news and current affairs podcast.

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  Welcome to Editor's Picks.

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  Please do have a listen.

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  It is the season for giving.

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  Nearly two-fifths of Americans tell pollsters that they sign over more of their savings to charity in the holiday season than at any other time of year.

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  More than two-thirds of Britons say they plan to donate money at Christmas.

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  But the labyrinth of charities, good causes,

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  and people in need can be as hard to navigate as the seasonal family get together.

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  How to give well.

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  Unfortunately,

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  the idea that you should treat charitable donations methodically has been tarnished by effective altruism,

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  a movement associated with Sam Bankman Freed,

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  or SBF,

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  a convicted crypto conman who insinuated that his fraudulent enterprise was ultimately all about doing good.

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  Happily, the notion that there is a wise way to give has a long and noble history.

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  Aristotle suggested that virtue stemmed from correct giving, to the right people,

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  in the right amounts, for the right reasons, and at the right times.

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  For the modern giver, three considerations could usefully serve as a guide.

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