Tag: Andrew McDermott

Medium: Here’s What Happens When You Give $1,000 to Someone in Extreme Poverty

I’ll hide this little gem in here: With [Give Directly]’s rigorous measurement and auditing, they know that only 3% of their cash transfers are spent on vices (tobacco, alcohol, etc.), and vice consumption is identical to others in the community who did not receive transfers….which is about a fraction…

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