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

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Manage episode 315587404 series 2834766
Content provided by New York City Skeptics. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by New York City Skeptics or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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?

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263 episodes

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Manage episode 315587404 series 2834766
Content provided by New York City Skeptics. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by New York City Skeptics or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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?

  continue reading

263 episodes

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