
Intro Econ 2: Markets & Pickles
Planet Money Summer School
00:00
Food Bankers Are Wary of the Market
The idea of a market just seems fundamentally contrary to the spirit of food banks. Food banks in poor areas often have the hardest time raising money from local donors. So cannis and the other economists asked the food bankers, what about fake money? What if feeding america created its own little economy and out fake money to all the food banks which they could use to buy the food? Next question was, but how dowehawd we make sure the neediest t get the most food? To which we said, we give em the most fake money. And in some sense, maybe that was one of the early break through moments, which was the idea that the poor can actually be wealthier
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