<p>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?</p>

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 is the bi-weekly podcast of New York City Skeptics. Join host Julia Galef and guests as they explore the borderlands between reason and nonsense, likely from unlikely, and science from pseudoscience. Any topic is fair game as long as we can bring reason to bear upon it, with both a skeptical eye and a good dose of humor!
We agree with the Marquis de Condorcet, who said that in an open society we ought to devote ourselves to "the tracking down of prejudices in the hiding places where priests, the schools, the government, and all long-established institutions had gathered and protected them."Rationally Speaking was co-created with Massimo Pigliucci, is produced by Benny Pollak, and is recorded in the heart of New York City's Greenwich Village.

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Rationally Speaking is the bi-weekly podcast of New York City Skeptics. Join host Julia Galef and guests as they explore the borderlands between reason and nonsense, likely from unlikely, and science from pseudoscience. Any topic is fair game as long as we can bring reason to bear upon it, with both a skeptical eye and a good dose of humor! We agree with the Marquis de Condorcet, who said that in an open society we ought to devote ourselves to "the tracking down of prejudices in the hiding places where priests, the schools, the government, and all long-established institutions had gathered and protected them."Rationally Speaking was co-created with Massimo Pigliucci, is produced by Benny Pollak, and is recorded in the heart of New York City's Greenwich Village.

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

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

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