Re:Why are there so few black people in STEM?
by tuatoru on Monday June 15, 2020 @12:18AM
(#23523762)
Yeah, it depends where the money is thrown.
Experiments in Brazil and India suggest that the really simple, dumb solution works best: give poor people money, no strings attached.
Sure, they'll waste some of it. But not all that much, maybe a third. To economists, that's very effective targeting.
(If you demand perfect targeting and use of funds here, why not with private-sector investments (67%-90% loss rate) or 'normal' government investments (50% - 75% losses)? )
Re:Why are there so few black people in STEM?
by dx034 on Monday June 15, 2020 @03:33AM
(#23524774)
But India and Brazil still don't have great social mobility. Most studies in that area are still pretty young and it's too early to say if that can increase social mobility in the long term.
Experiments in Brazil and India suggest that the really simple, dumb solution works best: give poor people money, no strings attached.
Sure, they'll waste some of it. But not all that much, maybe a third. To economists, that's very effective targeting.
(If you demand perfect targeting and use of funds here, why not with private-sector investments (67%-90% loss rate) or 'normal' government investments (50% - 75% losses)? )