Black Money Business Jobs : What would happen if we randomly gave $1,000 to poor families? Now we know

Clyde C Coger Jr

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What would happen if we randomly gave $1,000 to poor families? Now we know



Their findings are significant: Cash transfers benefited the entire local economy, not just direct recipients. As money made its way through the area, both families who did and did not receive cash ended up substantially better off...

A herdboy looks after their livestock on the open grassland near the Rift Valley town of Mai Mahiu, Kenya on Nov. 27. (Marius Bosch/Reuters)

A herdboy looks after their livestock on the open grassland near the Rift Valley town of Mai Mahiu, Kenya on Nov. 27. (Marius Bosch/Reuters)
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By
Francisco Toro
Dec. 3, 2019 at 11:57 a.m. CST
 
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