Re:The Economy
by matthewmacleod on Monday June 30, 2014 @03:49PM
(#7967219)
I'd be interested to see any of the research on this, if you have references. I suspect that in practice it's exceptionally hard to draw realistic conclusions from any such research, simply due to the confounding factor of "the wider social structure of the country".
NPR had a brilliant episode where they discussed an experiment where money was given to a control group of people on Kenya. http://www.npr.org/blogs/money/2013/11/08/243967328/episode-...
For those asking, here are some links that will start you down the path to reading all about said research:
http://www.npr.org/blogs/money/2013/10/25/240590433/what-hap...
http://freakonomics.com/2013/06/04/should-we-all-just-give-c...
http://freakonomics.com/2013/09/26/would-a-big-bucket-of-cas...
http://freakonomics.com/2013/11/27/fighting-poverty-with-act...
http://poverty-action.org/project/0522
I'm glad I could help Google That For You.
Thank you for responding before I could and saving me the link gathering effort.
You made a very specific claim:
When you actually conduct the experiment -- a randomized controlled trial where you give some poor people cash and others in-kind services, the cash group outperforms.
None of the above links appear to support it. Please let me know if I'm mistaken, otherwise please do provide a relevant citation. Like many others here, I'm genuinely interested in learning about such a study.
Very interesting (and certainly plausible)! Could you link to any of the experiments?
Here is an article giving high level overview of a few of the experiments: https://decorrespondent.nl/541/why-we-should-give-free-money...
When you actually conduct the experiment -- a randomized controlled trial where you give some poor people cash and others in-kind services, the cash group outperforms.