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318 | Edward Miguel on the Developing Practice of Development Economics

Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

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The Impact of Cash Transfers in Kenya

This chapter explores the effectiveness of cash transfers versus basic income, particularly focusing on a significant cash transfer initiative in Kenya. It discusses a randomized control trial revealing the economic and health benefits, such as a decrease in infant mortality, resulting from a $1,000 cash transfer per household. The chapter highlights the importance of understanding global inequality and the transformative potential of financial aid in improving the lives of those in poverty.

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