3min chapter

Rationally Speaking Podcast cover image

Is cash the best way to help the poor? (Michael Faye)

Rationally Speaking Podcast

CHAPTER

Is It Better to Give People Cash?

Andik: I wanted to talk more about this basic premise of give directly. And which is that people know what's best for them, and so it's better to just give people cash. But there are public goods and interventions with b big externalities that i think are important for the social sector or government to provide. So we're not going to give the choice. It'll be a predetermined cue of people. But you will see who you're giving to. A potential recipient will be essentially next in the cue until someone funds them,. Then we go to the next recipient, like that exactly.

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