
Highlights: #169 – Paul Niehaus on whether cash transfers cause economic growth, and keeping theft to acceptable levels
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The Value of Cash Transfers and the Limitations of Philanthropy
This chapter explores the benefits of giving cash directly to people in need and discusses the shortcomings of traditional philanthropic systems. It highlights the lack of feedback loops in aid and the challenges faced by large organizations like USAID. The chapter also distinguishes between private good problems and public good problems, and mentions the positive results of cash transfers and public health programs.
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