#73 - Phil Trammell on patient philanthropy and waiting to do good [re-release]
Rebroadcast: this episode was originally released in March 2020.
To do good, most of us look to use our time and money to affect the world around us today. But perhaps that's all wrong.
If you took $1,000 you were going to donate and instead put it in the stock market — where it grew on average 5% a year — in 100 years you'd have $125,000 to give away instead. And in 200 years you'd have $17 million.
This astonishing fact has driven today's guest, economics researcher Philip Trammell at Oxford's Global Priorities Institute, to investigate the case for and against so-called 'patient…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.