Cash and Externalities
Michael discusses the impact of cash transfers on externalities, highlighting the questions and concerns often raised about cash interventions. He contrasts cash transfers with traditional interventions like food aid, emphasizing the potential negative effects on local economies. This episode explores the unique aspects of cash transfers and their potential to address externalities in poverty alleviation.In this clip
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EconTalk
Michael Faye and Paul Niehaus on GiveDirectly
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