Current:Home > reviewsSurpassing:The Universal Basic Income experiment in Kenya -Prime Capital Blueprint
Surpassing:The Universal Basic Income experiment in Kenya
SafeX Pro View
Date:2025-04-07 19:41:13
There's this fundamental question in economics that has proven really hard to answer: What's a good way to help people out of poverty?Surpassing The old-school way was to fund programs that would support very particular things, like buying cows for a village, giving people business training, or building schools.
But over the past few decades, there has been a new idea: Could you help people who don't have money by ... just giving them money? We covered this question in a segment of This American Life that originally ran in 2013. Economists who studied the question found that giving people cash had positive effects on recipients' economic and psychological well-being. Maybe they bought a cow that could earn them money each week. Maybe they could replace their grass roofs with metal roofs that didn't need fixing every so often.
The success of just giving people in poverty cash has spawned a whole set of new questions that economists are now trying to answer. Like, if we do just give money, what's the best way to do that? Do you just give it all at once? Or do you dole it out over time? And it turns out... a huge new study on giving cash was just released and it's got a lot of answers.
For more:
- I Was Just Trying To Help - This American Life
- The Charity That Just Gives People Money - Planet Money
- What Happens When You Just Give Money To Poor People? Planet Money
- Short-term Impact of Unconditional Cash Transfers to the Poor: Experimental Evidence from Kenya - The Quarterly Journal of Economics
- Results From The City That Just Gave Away Cash - Planet Money
- The Basic Income Experiment - Planet Money
- People can do more with lump sum of money than payments, experiment in Kenya suggests - NPR
- Early findings from the world's largest UBI study - GiveDirectly
This episode is hosted by Dave Blanchard and Amanda Aronczyk. The reporting for the first part of this episode was originally done for This American Life by Jacob Goldstein and David Kestenbaum. Our show today was produced by Emma Peaslee. It was edited by Jess Jiang, fact-checked by Sierra Juarez and engineered by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, the NPR app or anywhere you get podcasts.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
Music: NPR Source Audio - "Race to Nowhere," "Spanish Fruit," and "Spanish Fire"
veryGood! (13743)
Related
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Skins Game to make return to Thanksgiving week with a modern look
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Meta releases AI model to enhance Metaverse experience
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Recommendation
A South Texas lawmaker’s 15
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Trump wants to turn the clock on daylight saving time
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Buckingham Palace staff under investigation for 'bar brawl'
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
North Carolina justices rule for restaurants in COVID