Beyond lip service: betting for beliefs, donating for values

"Talk is cheap."  So we're told to "put our money where our mouth is," to ensure intellectual integrity.  On the (esp. econ) blogs I read, this principle is most commonly applied to
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"Talk is cheap."  So we're told to "put our money where our mouth is," to ensure intellectual integrity.  On the (esp. econ) blogs I read, this principle is most commonly applied to beliefs: Alex Tabarrok writes that "a bet is a tax on bullshit".  Bryan Caplan respects the loser of a bet as having "far more honor than the mass of [people] who live by loose and idle talk."Part of what's so challenging about effective altruism, I think, is that it extends the principle to our values. (Another part is that many people don't like ranking the sacred.  But it's related: both stem from the demand to take values seriously, and move beyond cheap talk.)  Interestingly, it's a challenge that applies more or less whatever our values are.  If we really care about X, for any X, why aren't we investing more of our resources (time, money, or whatever) into X, when effective opportunities present themselves (or into searching for effective opportunities in the. . .

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News source: Philosophy, et cetera

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