eliminating world poverty

Poverty Rx: Cash Payments Are Best Way to Help Poor, Study Finds

How do we end world poverty? Boy, that's a head-scratcher. It's right up there with "Does God exist?" and "What's the meaning of life?" And here's a radical answer: Give the poor some money. And don't tell them what to do with it. Sounds crazy, right? Not according to three scholars in the United Kingdom. In a new study titled "Just Give Money to the Poor," Joseph Hanlon, Armando Barrientos and David Hulme argue that giving small amounts of cash on a regular basis to poor people may actually be the most effective way to lift developing countries out of poverty. The scholars ground their ...

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