Let's say the pediatrician is working:
- in a first world country
- under a universal health care system in a public sector
- in a city over 100k inhabitants
And the ABS derivatives trader picks the charity with his due diligence and according to his views and noble goals of improving society somewhat (does what you would do in that situation).
GiveWell lists several charities that are estimated to save 1 life / $5000
https://www.givewell.org/charities/top-charities
80,000 Hours estimates becoming a doctor in the US will save about 4 lives over a career
https://80000hours.org/articles/how-many-lives-does-a-doctor-save-part-3/
@robm but what about the negative impacts of a well paying job like a ABS derivative trader (for example higher mortgages on average, and bigger burden on the cost of living) or a charities backfiring and derailing their status goals to give into the higher-paying donors (if 1 dollar is 1 vote in the "vote with the money" system, the richer charities will have motives to carter to bigger donors, especially in US where philantrophic foundations can hold financial assets).
@Mich I should have thought about that part of a question a bit more, there are fundamental differences between pediatricians even between the 1rst world countries. I was thinking here about one in a:
- first world country
- working under a universal health care system in a public sector
- working in a city over 100k inhabitants
(I will add that to the description)
@Mich One aligning with his views and goals and after a careful deliberation and doing his due dilligence ;). It can be very different for different people and that's a part of the questions idea, let's say it would be a charity you would donate to in that position.