Poverty is a very solvable problem. On the extreme poverty mitrick, we can take people over extreme poverty. And certainly at the individual leevel it does not take a whole lot in the emerging markets. But i'm just going to be sceptical that this, that cash alone, is going to suddenly make people more productive. Because ultimately, that's what the goal has to be. You have just mitigation of poverty. I don't want to ever romanticize poverty. It's all that happens in villages is that they get better lives and even if it changes the thing they used to do like subsistence farming,. i don’t want to be romantic about that.
Economic theory teaches that people make choices that provide them with the greatest benefit. So why not extend this idea to the realm of charity? Economists and social entrepreneurs Michael Faye and Paul Niehaus of GiveDirectly argue that giving people cash with no strings attached is the most cost-effective means of helping the poorest people in the world and their communities.