I like your point about feedback loops in finance, but shouldn’t proven effective philanthropists attract more donations if people cared about efficacy?
Yes—but I think the two provisos you mention are very important. Proving will be more difficult (measuring profit is easy; measuring Delta(QALY) is hard), and fewer people do care about efficiency.
Yes—but I think the two provisos you mention are very important. Proving will be more difficult (measuring profit is easy; measuring Delta(QALY) is hard), and fewer people do care about efficiency.