Planet Money

Planet Money explains itself like this: "Imagine you could call up a friend and say, 'Meet me at the bar and tell me what's going on with the economy.' Now imagine that's actually a fun evening."

#494: What Happens When You Just Give Money To Poor People? No ratings yet.

    Episode Description:

    There’s a charity called GiveDirectly that gives money to poor people in Kenya — no strings attached. When we did a story about GiveDirectly earlier this year, they told us we needed to check back in. It turned out, they were in the middle of a big study designed to figure out what happens when people get money for nothing. Do they invest it? Waste it? Something in between? Now, the results of the study are in. On today’s show: What happens when you give farmers in Kenya more money than they’ve ever had? Also: giving money to thieves and drug addicts in a country that’s much worse off than Kenya.

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