3 ms·
>Economists widely agree that cash transfers are more efficient at improving welfare for the poor than transfers-in-kind. It's one of the less controversial sta
by gozur88 11y ago
>Economists widely agree that cash transfers are more efficient at improving welfare for the poor than transfers-in-kind. It's one of the less controversial statements in the field.
I find that baffling based on San Francisco's experience. When the city replaced its "in kind" services with cash, for the most part the homeless people went out and spent the cash on booze and drugs.
The cash system was such an obvious failure Gavin Newsom was able to build his political career on converting the system back to the "in kind" type.
- Already__Taken 11y agoThe US is in the bottom half[1] of the education rankings which might impair good decisions. The rest of the world* has a much better functioning health care structure for lower income people as well, medical conditions that may impair their ability to make good decisions. [1] rank 36/65: http://www.telegraph.co.uk/education/leaguetables/10488555/OECD-education-report-subject-results-in-full.html http://www.telegraph.co.uk/education/leaguetables/10488555/O... * developed world, obviously.