"Can't Say No" Spending — LessWrong
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The remarkable observation that medical spending has zero net marginal effect is shocking, but not completely unprecedented. …
x "Can't Say No" Spending — LessWrong Altruism Personal Blog 32 "Can't Say No" Spending by Eliezer Yudkowsky 18th Oct 2007 1 min read 33 32 The remarkable observation that medical spending has zero net marginal effect is shocking, but not completely unprecedented. According to Spiegel in " Too Much of a Good Thing: Choking on Aid Money in Africa ", the Washington Center for Global Development calculated that it would require $3,521 of marginal development aid invested, per person, in order to increase per capita yearly income by $3.65 ( one penny per day ). The Kenyan economist James Shikwati
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