Pennies from heaven

Fri, 15 Nov 2013 12:30:55 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
Giving money directly to poor people works surprisingly well. But it cannot
deal with the deeper causes of poverty:
<http://www.economist.com/news/international/21588385-giving-money-directly-poor-people-works-surprisingly-well-it-cannot-deal>

"Now enough of these programmes are up and running to make a first assessment.
Early results are encouraging: giving money away pulls people out of poverty,
with or without conditions. Recipients of unconditional cash do not blow it on
booze and brothels, as some feared."

It turns out that just giving poor people money, no strings attached, actually
works out fairly well on average.

Share and enjoy,
            *** Xanni ***

--
Andrew Pam
Partner, Glass Wings http://glasswings.com.au/

Comment via email


Fri, 15 Nov 2013 20:10:26 +1100

The Colective <colective [at] glasswings.com.au>

The Colective
xanni sed:

It turns out that just giving poor people money, no strings attached,
actually works out fairly well on average.

hmm... give a man a fish and he eats for a day. teach him to fish and he eats
for a lifetime ;)


/\__/\
 (^^)
 )""(
(w__w)

Comment via email

Fri, 15 Nov 2013 20:22:30 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
On 15/11/13 20:10, The Colective wrote:
hmm... give a man a fish and he eats for a day. teach him to fish and he
eats for a lifetime ;)

Yes, education is also very important!  But people can't concentrate on
their education if they're always hungry.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics
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