Is cash the best way to help the poor? (Michael Faye) - podcast episode cover

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

Dec 23, 202152 minEp. 263
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Episode description

The idea of giving poor people cash, no strings attached, is "very unappealing" for most donors, admits economist Michael Faye -- but it's still one of the best ways to help the poor. Michael and Julia discuss the philosophy behind his organization (GiveDirectly), the evidence we have so far about cash transfers as an anti-poverty intervention, and the various concerns people have about it: How long-lasting are the effects? Does it make recipients less likely to work? Does it cause inflation?

Is cash the best way to help the poor? (Michael Faye) | Rationally Speaking Podcast - Listen or read transcript on Metacast