Some Links

1. The whole controversy about the 1 Million T-shirts campaign is of course being dealt with by the gods of the development blogosphere. As we’ve said before, gifts in kind are often more about making the donor feel good than helping the recipient. So sell the t-shirt and give the money because cash is best.

2. Tyler Cowen deals with an idea for a hedge fund working to maximize good. . He suggests that a Hayekian would simply say to maximize profits. Well, how about a middle position? Maximize profits and then donate those profits to efficient charities? Oh wait. I think there is someone like that


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