80,000 Hours Podcast With Rob Wiblin

#49 - Rachel Glennerster on a year's worth of education for 30c & other development 'best buys'

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Sinopsis

If I told you it's possible to deliver an extra year of ideal primary-level education for under $1, would you believe me? Hopefully not - the claim is absurd on its face. But it may be true nonetheless. The very best education interventions are phenomenally cost-effective, and they're not the kinds of things you'd expect, says Dr Rachel Glennerster. She's Chief Economist at the UK's foreign aid agency DFID, and used to run J-PAL, the world-famous anti-poverty research centre based in MIT's Economics Department, where she studied the impact of a wide range of approaches to improving education, health, and governing institutions. According to Dr Glennerster: "...when we looked at the cost effectiveness of education programs, there were a ton of zeros, and there were a ton of zeros on the things that we spend most of our money on. So more teachers, more books, more inputs, like smaller class sizes - at least in the developing world - seem to have no impact, and that's where most government money gets spent." "Bu