The GiveWell Blog

All Livelihoods programs Posts

GiveWell Expands Work on Livelihoods Programs

(updated on: ) | by GiveWell Staff

As you may have heard on a recent episode of our podcast, we’re launching an experiment: focusing more attention on programs that increase the economic well-being of people in extreme poverty. We are in the process of completing a search for a new program officer to lead an expanded livelihoods research team, and we plan to allocate up to $10 million for granting to cost-effective programs we find in the first year. Depending on the outcome of these efforts, we may hire additional researchers to focus on livelihoods.

GiveWell has historically directed most of its funding toward health interventions that avert death and disease, but those are not the only positive outcomes our grants target. We have long grappled with questions about how to value different positive impacts relative to each other. In particular, how much more valuable it is to save a life than to substantially increase someone’s economic well-being? Our expanded research into programs that improve lives will help us better reflect the diversity of relevant perspectives on that question in our grantmaking.

Why livelihoods and why now?

Our standard moral weights—that is, the values we assign to different outcomes—assume that saving a life is about 100 times more valuable (depending on age) than doubling a person’s income for a year (see our recent blog post on moral weights to learn more). This assumption has meant income-focused programs have been less likely than health-focused programs to meet our cost-effectiveness threshold.

But our moral weights are a necessary tool, not an absolute truth. Some GiveWell donors and staff, as well as some of the people affected by the programs we fund, place a higher value on income-increasing programs. To account for this, we’ll be funding livelihoods programs that would appear as cost-effective as our standard recommendations to a donor who values income gains twice as much as our standard moral weights.

Read More

Podcast Episode 7: Deepening GiveWell’s Focus on Livelihoods Programs

(updated on: ) | by GiveWell Staff

GiveWell has long grappled with fundamental questions about how to value different positive impacts and make funding decisions across diverse programs. In particular, how much more valuable it is to save a life than to substantially improve it? And how can we prioritize between programs that achieve those outcomes in different measures when there’s no “right” answer to that question?

In this episode, GiveWell CEO and co-founder Elie Hassenfeld speaks with Senior Program Officer Julie Faller about why GiveWell is dedicating more capacity to researching livelihoods programs that aim to increase people’s incomes. They discuss how we’re building on existing work, searching for new cost-effective opportunities, and exploring more of the impactful programs we’ve long cared about.

Read More

Bringing the Economic Benefits of Reading Glasses into Focus

| by Jeremy Rehwaldt

It started in my early forties, and it’s only gotten worse since then. At first, it was a mild annoyance, but now it affects my quality of life and makes it harder to get things done. I’m definitely not alone—almost every middle-aged person I know has the same problem—and maybe you do too: a condition called presbyopia, a type of age-related vision loss that makes it difficult to see things clearly at close distances.

Luckily, the condition is easily and inexpensively treated with reading glasses, widely available at nearly every corner drug store in the United States. Reading glasses work well, and they’re cheap enough that I have them stashed around my house so a pair is always in reach. But an estimated 510 to 826 million people around the world have presbyopia but do not have corrective glasses.

What we know and what we don’t know

We think that providing reading glasses to people who need them is a promising way to improve their employment opportunities and increase their economic well-being. It makes intuitive sense that being able to see better would improve people’s ability to work, particularly for vision-intensive jobs such as crop cultivation and inspection, manufacturing, or retail work.

Since we’re not as confident as we’d like to be in the effect of distributing reading glasses, we’re co-funding a study to find out more before we allocate significant funding to direct delivery of glasses. We’re recommending a $4.8 million grant for the study.

Read More