Is cash the best way to help the poor? (Michael Faye)
Rationally Speaking Podcast
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Cash Transfers - What Are the Biggest Downsides?
There are downsides to cash transfers that should be evaluated empirically. Some people who have been given money may decide to work less, he says. There's inflation and how neighbors feel as a result of the transfer. People turn down free money because they don't know what it means for them in terms of their lives.
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