No, we need to figure out ways to help people make better decisions, and giving poor people money doesn't seem to help. It's like the old saying that there's a

No, we need to figure out ways to help people make better decisions, and giving poor people money doesn't seem to help. It's like the old saying that there's a difference between being broke and poor - broke is liquidity problem, poor is a state of mind. "Our results also do not support the hypothesis that financial strain by itself wors- ens the quality of decision-making. Even though there are substantial differences in financial resources before and after payday for our samples of poor US households, we find no evidence that the quality of their decision-making, or being prone to heuristic judgments differs across the before-payday and after-payday groups." https://www.aeaweb.org/articles?id=10.1257/aer.20140481 https://www.aeaweb.org/articles?id=10.1257/aer.20140481