Po' Money, Less Problems
June 28, 2014 4:47 PM Subscribe
Mexico tried giving poor people cash instead of food. It worked.Of course, this is only one study, but it adds to a growing pool of evidence that cash transfers actually aren't "wasted" on frivolous things and do improve poor peoples' lives in observable ways.
posted by tybeet (71 comments total)
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1. More evidence that giving poor people money is a great cure for poverty
A recent randomized trial found that Kenyans who received no-strings attached cash from the charity GiveDirectly
built more assets, bought more goods, were less hungry, and were all-around happier than those who didn't get cash.
2. Cash, Food or Vouchers: What Type of Assistance is Most Effective in Reducing Hunger?
The three-year collaboration between IFPRI and WFP compared the relative costs and benefits of assistance programs that provided the same value of cash, food baskets, or supermarket vouchers in four countries: Ecuador, Niger, Uganda, and Yemen. (...) Cash assistance was always significantly more cost-effective to deliver. In fact, researchers determined that if they repeated the study, but only distributed cash, they could feed an additional 32,800 people with the same project budget.
3. Cash Is Better Than Food Stamps in Helping Poor: Edward Glaeser
We should ask for two things from any redistribution system. It should do as much as possible for society, especially the poor. (...) Vilification of welfare recipients makes it particularly hard to make the case for entrusting them with unrestricted cash, even if that is the most effective means of administering aid.