These are some of the views and reports relevant to our readers that caught our attention this week.
What If We Just Gave Poor People a Basic Income for Life? That’s What We’re About to Test.
Over the past decade, interest has grown in an ostensibly unorthodox approach for helping people who don’t have much money: just give them more of it, no strings attached. In the old days of policymaking by aphorism—give a man a fish, feed him for a day!—simply handing money to the poor was considered an obviously bad idea. How naïve—you can’t just give people money. They’ll stop trying! They’ll just get drunk! The underlying assumption was that the poor weren’t good at making decisions for themselves: Experts had to make the decisions for them. As it turns out, that assumption was wrong. Across many contexts and continents, experimental tests show that the poor don’t stop trying when they are given money, and they don’t get drunk. Instead, they make productive use of the funds, feeding their families, sending their children to school, and investing in businesses and their own futures.
Media as a Form of Aid in Humanitarian Crises
Center for International Media Assistance
As the humanitarian crises following the Arab spring enter their sixth year, the media coverage of war, displacement, and migration in the Middle East and North Africa tragically have become all too familiar. For mainstream media, the millions of people whose lives have been upended are mostly data points, illustrations of the misery and upheaval that have swept across Syria, Yemen, Gaza, Iraq, and many places between. Yet for those who are caught in the crises, and plagued not only by insecurity and uncertainty but a lack of information, relatively little is available to help them make informed decisions for their own survival. CIMA’s report, Media as a Form of Aid in Humanitarian Crises, examines how humanitarian crises around the world have led to a major change in the priorities and approaches in media development efforts.
- On the FAI blog Tim Ogden discusses what we mean by savings when we talk about it as an outcome.
- A snapshot of the job market this year from 538 – what the next generation of economists is working on? Development is pretty popular, corporate finance and international economics not so much.
- Testing basic incomes: the Guardian reports on an experiment in India, where Unicef funded an unconditional basic income scheme. A “modified randomized control trial” (whatever that is) assigned everyone in 8 treatment villages to receive a monthly income for 18 months, with 12 control villages: “the basic incomes resulted in more economic activity and work. Conventional labour statistics would have picked that up inadequately. There was a big increase in secondary economic activities, as well as a shift from casual wage labour to own-account farming and small-scale business” Haven’t come across an academic paper with the results or more details.