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From the linked article about previous results with one-time cash grants: As it turns out, that assumption was wrong. Across many contexts and continents, expe
by matt4077 9y ago
From the linked article about previous results with one-time cash grants:
As it turns out, that assumption was wrong. Across many contexts and continents, experimental tests show that the poor don’t stop trying when they are given money, and they don’t get drunk. Instead, they make productive use of the funds, feeding their families, sending their children to school, and investing in businesses and their own futures. Even a short-term infusion of capital has been shown to significantly improve long-term living standards, improve psychological well-being, and even add one year of life.