Re: charity and time preference

2003-06-07 Thread Wei Dai
I'm surprised that everyone who has responded to my post has defended the conventional wisdom on charity giving. But surely one should either borrow money to do a life time worth of giving right away, or save and do all charity in one's will, or otherwise concentrate all charity giving to a single

Re: charity and time preference

2003-06-07 Thread Fred Foldvary
--- Wei Dai [EMAIL PROTECTED] wrote: a donor should give all of his contributions to one charity, and not spread them among several. The logic is almost exactly the same. Likewise, a parent with several children should confine his spending to one child and let the rest die off. The logic is

Re: charity and time preference

2003-06-07 Thread Fred Foldvary
--- Wei Dai [EMAIL PROTECTED] wrote: ... surely one should either borrow money to do a life time worth of giving right away, or save and do all charity in one's will, or otherwise concentrate all charity giving to a single moment in time. That should generalize to raising children; when one's