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Doing good can give a business competitive edge
Oped, Peter Singer, Published on 13/02/2024
» It seems counterintuitive, but in a capitalist economy, doing the most good can provide a competitive edge. I am not referring to businesses that donate a tiny percentage of their profits to charities or tell you that they are reducing greenhouse gas emissions. I am talking about businesses that donate 100% of their profits -- or close to it -- to effective charities that do a lot of good.
A bargain in saving lives from malaria
News, Peter Singer, Published on 21/12/2023
» In 2021, malaria caused 619,000 deaths, 77% of which were children under five, and 96% of them in Africa. But now, after decades of research -- and several false dawns -- a malaria vaccine known as R21/Matrix-M (henceforth just R21) has been shown to be effective in 70-78% of cases. Although three doses are required before that level of protection is reached, and a booster is needed one year later, the vaccine, developed at the University of Oxford and the Serum Institute of India, is cheap. It can be produced for US$2-$4 (70-140 baht) per dose -- comparable to the cost of other childhood vaccines.