In today's episode, Doug takes on another sacred cow. Doug explains why charity isn't just dumb, it can be destructive to the point of being evil. 

 

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00:00​ debunking charity

1:53​ how is wealth created

3:15​ altruism 

6:19​ giving money 

8:38​ institutionalized charity 

9:30​ Ethiopia famine

11:44​ “philanthropists”

14:21​ foundations are tax write offs 

17:14​ businesses will last longer than you will

18:03​ strategy 

20:50​ social aspects 

23:17​ bureaucracy

25:39​ when you die

30:22​ next book

31:24​ summary