Results from Discover Your Inner Economist India

As a result of Discover Your Inner Economist India, I have sent or am sending off the money to the following:

1. A Diwwali party for poor children

2. Debt relief for a maid who must repay a moneylender

3. Support for a micro-credit cooperative

4. School vouchers for Indian children

5. Educational expenses for a child

6. Support for an Indian entrepreneur seeking to make his first movie

I expected to see, at some point, an explosion of obviously fraudulent or trivial requests, but I never did.  I have two hypotheses: a) good people know other good people, and b) any bad person who came across the link would want to maximize his own chances of receiving the money and thus would not send it along to other bad people.

I was amazed how many of the proposals came from either Bangalore or Singapore.  Chennai was another common location.

I thank those of you who pledged additional support; I am sure the recipients appreciate it very much.

Addendum: A’la Seth Roberts, I also view the project as self-experimentation.  It made giving money away more rewarding and that encouraged me to give more than I had originally planned.  I expect to return to my list of emails for future transfers.

We should all think about how to make giving away money more rewarding for ourselves.  More fun.  If we are restricted to virtuousness as a motivation, I fear for the future of charity.

Comments

Singapore?

Singapore - Hear there is a large south indian(chennai & bangalore are in south india) community present there.

All this is fine, but when are your publishers going to release the book in India? I'm waiting to read it but learn that it's not yet been released here.

And don't you think the best way you can share your concern for India more widely is by releasing an "eastern economy edition" of your book here?

IF you want to send money to someone who needs it like your examples of 1-6, you should really take a look at www.kiva.org.

Ron

IF you want to send money to someone who needs it like your examples of 1-6, you should really take a look at www.kiva.org.

Ron

I really appreciate the gesture you made with this thing. I personally know a guy whose suggestion got the bulk of money, and I am thrilled that he gets to carry out the noble gesture on your behalf.

China Tours and Yangtze Cruises A professional China travel agency offering private & group package tours, tailor-made vacations for families, couples and individual travelers, Yangtze cruises, hotel & ticket booking services.

China Travel and Tours One-stop China travel service delivering China package tours, discount Yangtze River cruises and best rate hotels.

Tibet Train Travel A reliable tour operator specializing in Tibet tour packages, adventures, hotel and train ticket booking.

China Maps A free web-based source for China travel and tour map users

Voyage Chine, Tour de Chine, Circuit Chine - Un agence sp├ęcialiste voyage en Chine

Great Wall of China A website for the Great Wall of China.

Comments for this post are closed