Wednesday, August 6, 2008

WSJ.com - How to Get the Biggest Bang for 10 Billion Bucks

If you had a spare $10 billion over the next four years, how would you spend it to achieve the most for humanity?

To get the most bang for your buck -- and ensure that your generosity does the greatest good for the largest number of people -- you will need to prioritize, weighing up the costs and benefits of different options. Unfortunately, we too often focus on the most fashionable spending options, rather than the most rational.

Copenhagen Consensus commissioned eight of the world's top economists to identify the global challenges that can be solved most cost-effectively.

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