The Plague of Churn – Donors and Staff
Money isn’t everything. Direct cash outlays to the poor can make them psychologically worse off if those outlays are temporary. In an experiment poor people were given $2000, $500 and $0 (control group). Both groups getting the money were objectively better off having spent it on bills, food, clothing for kids, etc. But, both were […]
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July 11, 2022