It’s centrally planned in the sense that the optimizer behind it is a committee/bureaucracy, as opposed to say a market. Of course, a market in charity tries to optimize warm fuzzies so I don’t know of a better solution.
Edit: Or rather the problem is that effective charity is a credence good.
It’s centrally planned in the sense that the optimizer behind it is a committee/bureaucracy, as opposed to say a market. Of course, a market in charity tries to optimize warm fuzzies so I don’t know of a better solution.
Edit: Or rather the problem is that effective charity is a credence good.